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What is the Year 2 depreciation on equipment costing $148,315 if it is classified as five-year property for MACRS purposes? The MACRS allowance percentages are as follows, commencing with Year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.

$41,984.30

$38,201.50

$47,460.80

$48,398.80

$37,968.64

Financial Management, Finance

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