Solve the problem. Round dollar amounts to the nearest cent.
Use the MACRS method to find the depreciation for the 4th year of a paper press that is put into use at midyear as a 20-year property with a cost of $287,500.00.
A. $19,196.38
B. $12,828.25
C. $22,137.50
D. $17,758.88
Answer: D
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