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To: Bill Jackson who wrote (76142)4/2/2002 1:33:54 AM
From: Joe NYCRead Replies (1) | Respond to of 275872
 
Bill,

I seem to recall that there are 2 different depreciation schedules, one for IRS, which is fixed, based on IRS rules (The faster the better) and another for GAAP earnings statement, on which I think companies have some flexibility.

Joe