Question: A high-precision programmable router for shaping furniture components is purchased by Henredon for $94000. It is expected to last 9 years. Calculate the depreciation deduction
A high-precision programmable router for shaping furniture components is purchased by Henredon for $94000. It is expected to last 9 years. Calculate the depreciation deduction and book value for each year using MACRS-GDS allowances.
The depreciation deduction using MACRS-GDS allowances for year 5 = $__________
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