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On january 1 2010 guzman company purchased a machine

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On January 1, 2010, Guzman Company purchased a machine costing $150,000. The machine is in the MACRS 5-year recovery class for tax purposes and has an estimated $30,000 salvage value at the end of its economic life. Assuming the company uses the general MACRS approach, the amount of MACRS deduction for tax purposes for the year 2010?

Reference no: EM13601426

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