please include process Show transcribed image text Use the MACRS GDS method to calculate the yearly 1 answer below »

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Show transcribed image text Use the MACRS GDS method to calculate the yearly depreciation allowance and book values for a firm that purchased $150,000 worth of office equipment that qualifies as depreciable property. This office furniture is estimated to have a salvage (market) value of $30,000 (20% of the original cost) after the end of its depreciable life.

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