Contrast the depreciation schedules with and without, Business Economics

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Contrast the depreciation schedules with and without

A small design firm's only capital purchase this year is a graphics workstation, which will cost $28,000. The firm's taxable income currently averages $60,000 per year. What is the MACRS recovery period? Contrast the depreciation schedules with and without Section 179-use the 2003 dollar limit. (Answer: year 1: $25,600 vs. $5600)

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Business Economics: Contrast the depreciation schedules with and without

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