Question: A computer workstation network with a first cost of $90,000, a life of 8 years and a salvage value of $18,000 was purchased. There is

A computer workstation network with a first cost of $90,000, a

A computer workstation network with a first cost of $90,000, a life of 8 years and a salvage value of $18,000 was purchased. There is an annual expense of $10,000 for operation and maintenance, training and software updates. Calculate the annual taxable income assuming MACRS depreciation

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