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Carl purchased some equipment for $400,000 to be used in his business on 1/1 of...

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Accounting

Carl purchased some equipment for $400,000 to be used in his business on 1/1 of this year. He purchased another $200,000 on 12/31 of this year. Five year asset life, under MACRS. No Sec 179. No bonus depreciation. What will the cost recovery - the depreciation - be for the first year?

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