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A computer costs $9500 and its salvage value in 5 years is negligible. What is the book value after 3 years? If the machine is sold for $1500 in Year 5, how much gain or recaptured depreciation is there? Assume:
a) MACRS depreciation
b) Straight-line depreciation
c) Sum-of-years-digits (SOYD) depreciation
d) Double declining balance depreciation
Please show ALL work!
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