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A firm is considering purchasing an asset that will cost $9 million. other depreciable costs include $1,000,000 in installation costs. if the asset is classified as a 5 year class what is the annual depreciation for years 1, 3, and 6 for this assist, using the fixed depreciation percentages given by MACRS? (20%, 19.20%, and 5.76%)

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Category:- Financial Management
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