The equipment cost (equipment plus shipping and installation) can be depreciated at the rate of 21%...

The equipment cost (equipment plus shipping and installation) can be depreciated at the rate of 21% in the first year. For the remaining 5 years (years 2-6) the depreciation will be equal to $30,000 per year. What is the amount of depreciation in year 1?

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jeff jeffy answered 2 years ago

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