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What is the depreciation expense for year

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Question - A tractor costing $80,000 is depreciated using MACRS. The tractor qualifies as a three-year property and has a scrap value of $20,000. The depreciation rates are:

Year 1: 33.33%

Year 2: 44.45%

Year 3: 14.81%

Year 4: 7.41%

What is the depreciation expense for Year 2?

$44,450

$35,560

$26,670

$20,000

Reference no: EM132158511

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