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Suppose that a project has a depreciable investment of $600,000 and falls under the following MACRS year 5 class depreciation schedule:year 1: 20 percent;year 2: 32 percent;year 3: 19.2 percent;year 4: 11.5 percent;year 5: 11.5 percent; andyear 6: 5.8 percent.Calculate depreciation for year 2.A: $192,000B: $120,000C: $96,000D: $115,200
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