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ABC Corp bought a production machine on January 1, 2011 for $30,000. The company elected out of Section 179 expensing and elected out of claiming bonus depreciation in 2011, and is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 2012 depreciation (year 2) deduction for the machine?

Select one:

a. None of the above is correct.

b. $6,000

c. $24,000

d. $9,600

e. $12,000

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