Underwater swimwear recently purchased a new machine for, Financial Management

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Underwater swimwear recently purchased a new machine for

Underwater swimwear recently purchased a new machine for $350,000. It cost 20,000 to ship the machine to underwater's facility, and it cost another $50,000 to get it installed. Purchase of the new machine will require Underwater to increase its working capital by $25,000. If the new machine falls into the MACRS 3-year class, what amount will the firm be able to depreciate in the next five years?

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