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Assume new instruments for a firm cost $18,000 with an additional installation fee of $2,000, both of which are depreciable. Finish the depreciation schedule shown below using the Modified Accelerated Cost Recovery System (MACRS) 3-year class.
Year
Rate
Basis
Depreciation
1
2
3
4
High - Low Method of Cost Estimation Now, cost estimation is based upon the relationship between past level and past cost of activity. Variable cost is based on the relationsh
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