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A machine shop bought a large format 3D printer for $800,000 with an expected market value of $20,000 at the end of its useful life of 7 years. However, IRS considers this to be a GDS 3-year property class. It was placed in service Sept Ist. What is the depreciation amount for year four of its useful life using MACRS depreciation and given it is a GDS 3- year property class? 18. a. SO b. $57,798 c. $59,280 d. $139,920

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