Donna Corporation (the Company) purchased and placed in service a piece of equipment on January 1,...

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Donna Corporation (the Company) purchased and placed in service a piece of equipment on January 1, 2023, for a cash purchase price of $100,000. For tax purposes, the Company uses the 200% double declining balance method of depreciation and a half year convention. The equipment has a 5-year recovery period. Required By reference to IRS Publication 946, Table A-1, calculate the tax depreciation for the equipment in year 1. Donna Corporation (the Company) purchased and placed in service a piece of equipment on January 1, 2023, for a cash purchase price of $100,000. For tax purposes, the Company uses the 200% double declining balance method of depreciation and a half year convention. The equipment has a 5-year recovery period. Required By reference to IRS Publication 946, Table A-1, calculate the tax depreciation for the equipment in year 1.