What is the correct depreciation rate to be used to set up the following depreciation method?
Summary:
Kindly help what is the correct rate to be used
STL 60B - Straight-Line with 60% Bonus Depreciation
STL 80B - Straight-Line with 80% Bonus Depreciation
Life in years 3
Prorate period in years 12
We need to have the correct depreciation rate
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