Calculate the annual macrs depreciation for a machine in


a. Calculate the annual MACRS depreciation for a machine in the 7-year MACRS asset class, assuming that the asset costs $20,000.

b. If you knew that the asset had an expected salvage value of $2,000 at the end of its 12-year economic life, would your answer to part a change?

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Financial Management: Calculate the annual macrs depreciation for a machine in
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