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BOX Corporation purchased MACRS 5-year property in Year 1 for $5,000. On November 19 of...

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Accounting

BOX Corporation purchased MACRS 5-year property in Year 1 for $5,000. On November 19 of Year 5, BOX sells the property for $1,500. The depreciation allowed for Year 5 is: A. $0 B. $288 C. $576 D. $1,000

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