What is the year 2 depreciation on equipment costing $166,000 if it is classified as five-year property for MACRS purposes? The MACRS allowance percentages are as follows,commencing with year 1:
20) 00,32.00,19.20,11.52,11.52,and 5.76 percent.
A) $37,620
B) $38,200
C) $41,984
D) $48,398
E) $53,120
Correct Answer:
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