Under MACRS, an asset which originally cost $200,000, incurred installation costs of $10,000, and has an estimated
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Question:
Under MACRS, an asset which originally cost $200,000, incurred installation costs of
$10,000, and has an estimated salvage value of $25,000, is being depreciated using a 5-year
normal recovery period. What is the depreciation expense in year 1?
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