Question: Mortenson has purchased new equipment that initially costs $1,000,000. Setup costs art $100,000 and delivery costs are $50,000. Calculate the year 3 MACRS depreciation of

 Mortenson has purchased new equipment that initially costs $1,000,000. Setup costs

Mortenson has purchased new equipment that initially costs $1,000,000. Setup costs art $100,000 and delivery costs are $50,000. Calculate the year 3 MACRS depreciation of this equipment, which falls into the three-year asset class

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