Assume new instruments for a firm cost $18,000 with an additional installation fee of $2,000, both of which are depreciable. Finish the depreciation schedule shown below using the Modified Accelerated Cost Recovery System (MACRS) 3-year class.
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Year
|
Rate
|
Basis
|
Depreciation
|
|
1
|
|
|
|
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2
|
|
|
|
|
3
|
|
|
|
|
4
|
|
|
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