HELP

The installed cost of a new computerized controller was $79,000. Calculate the depreciation schedule by year assuming a recovery period of 5 years and using the appropriate MACRS depreciation percentages given in the table 1 Complete the depreciation schedule for the new computerized controller below: Recovery Year Depreciation (Round to the nearest dollar.) Recovery Year Depreciation 2 (Round to the nearest dollar.) Recovery Year Depreciation 3 $(Round to the nearest dollar.) Recovery Year Depreciation (Round to the nearest dollar.) Recovery Year Depreciation 5 (Round to the nearest dollar.) Recovery Year Depreciation 6 (Round to the nearest dollar.) 4 - Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) 3 years Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year Recovery year 5 years 7 years 10 years 1 33% 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19% 18% 14% 4 7% 12% 12% 12% 5 12% 9% 9% 6 5% 9% 7 9% 7% 8 4% 6% 9 6% 10 6% 11 4% Totals 100% 100% 100% 100% *These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention 8%