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ANSWER
CALCULATION OF YEARLY DEPRECIATION ALLOWANCES
COST OF EQUIPMENT= 150,000-30000 =120000
| year | depreciation allowance | depreciation rate for macros method( as per macros depreciation table) |
| 1 | $17,148 | 14.29% |
| 2 | 29,388 | 24.49% |
| 3 | 20,988 | 17.49% |
| 4 | 14,988 | 12.49% |
| 5 | 10,716 | 8.93% |
| 6 | 10.704 | 8.92% |
| 7 | 10,716 | 8.93 |
| 8 | 5,352 | 4.46% |
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