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What depreciation charges can it claim on the asset

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Reference no: EM132757022

Question - Bernstein Tractor Company has just invested in new equipment costing $12,000. The equipment falls in the five-year property class for cost recovery (depreciation) purposes.

What depreciation charges can it claim on the asset for each of the next six years? Using the MACRS Property class depreciation rates you need to answer each year.

Reference no: EM132757022

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