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The Doore-Payne Medical Clinic will be purchasing a new computer network for the office. The equipment...

The Doore-Payne Medical Clinic will be purchasing a new computer network for the office. The equipment will cost $10000 to purchase and $15000 to install and check out. The equipment will last 10 years and is expected to have a salvage value of $5000 at that time. The equipment is depreciated using MACRS with a 5 year recovery period. Find the depreciation and book value each year for this equipment. Please use excel and show steps.

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