5. A travel agency intends to update its computerized reservation system. State-of-the-art computer equipment costs...
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5. A travel agency intends to update its computerized reservation system. State-of-the-art computer equipment costs $200,000 and is expected to be used for 4 years. There is no salvage value. What is the equipments depreciation schedule for each of the 4 years, assuming that the MACRS is used and a 3-year recovery period?
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