Question: A barn that cost $ 4 1 , 0 0 0 to construct is placed in service midyear as a 2 0 - year property.

A barn that cost $41,000 to construct is placed in service midyear as a 20-year property. What is the MACRS depreciation for year 5?
Click the icon to view a table of MACRS rates.
The year 5 depreciation is $ (Round to the nearest cent as needed.)
MACRS Table
\table[[Depreciation rate for recovery period],[Year,3-Year,5-Year,7-Year,10-Year,15-Year,20-Year],[1,33.33%,20.00%,14.29%,10.00%,5.00%,3.750%
 A barn that cost $41,000 to construct is placed in service

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