Can you please help with problems B-D. Please!!

Problem 7-9 (algorithmic) Question Help A global positioning system (GPS) receiver is purchased for $4,000. The IRS informs your company that the useful (class) life of the system is seven years. The expected market (salvage) value is $500 at the end of year seven. a. Use the straight line method to calculate depreciation in year two. b. Use the 200% declining balance method to calculate the cumulative depreciation through year three. c. Use the MACRS method to calculate the cumulative depreciation through year four. d. What is the book value of the GPS receiver at the end of year three when straight line depreciation is used? Click the icon to view the summary of the principal features of GDS under MACRS. Click the icon to view the GDS Recovery Rates (r). a. Using the SL method, the depreciation amount in year two is $ 500. (Round to the nearest dollar.) b. Using the 200% DB method, the the cumulative depreciation through year three is $. (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer. parts 1 Clear All Check Answer remaining Problem 7-9 (algorithmic) Question Help A global positioning system (GPS) receiver is purchased for $4,000. The IRS informs your company that the useful (class) life of the system is seven years. The expected market (salvage) value is $500 at the end of year seven. a. Use the straight line method to calculate depreciation in year two. b. Use the 200% declining balance method to calculate the cumulative depreciation through year three. c. Use the MACRS method to calculate the cumulative depreciation through year four. d. What is the book value of the GPS receiver at the end of year three when straight line depreciation is used? Click the icon to view the summary of the principal features of GDS under MACRS. Click the icon to view the GDS Recovery Rates (r). a. Using the SL method, the depreciation amount in year two is $ 500. (Round to the nearest dollar.) b. Using the 200% DB method, the the cumulative depreciation through year three is $. (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer. parts 1 Clear All Check Answer remaining