Question: Question 17 (1 point) Ellen Inc. is considering a new project whose data are shown below. The price for the required equipment is $75,000. It

 Question 17 (1 point) Ellen Inc. is considering a new project

Question 17 (1 point) Ellen Inc. is considering a new project whose data are shown below. The price for the required equipment is $75,000. It will also take $5,000 for the equipment to be delivered and installed. The accelerated depreciation rates for such property are 33.33%,44.45%,14.81%, and 7.41% for Years 1 through 4 . Revenues and other operating costs are expected to be constant over the project's 10-year expected operating life. What is the project's depreciation expense in Year 4? A) $3,701 B) $5,928 C) 56,389 D) $5,558 E) $3,016

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