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Question: A 5-year MACRS class equipment that costs $50,000 was sold for $15,000 after depreciating it for 3 years using MACRS. What is the amount of depreciation recapture?

a. $0

b. $400

c. $600

d. $1200

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92598269

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