Question: please answer it right part 2 needed Intro Your company bought a new machine for $35,000. The machine falls into the 7- year MACRS category:

please answer it right part 2 needed

Intro Your company bought a new machine for $35,000. The machine falls into the 7- year MACRS category: 4 5 Year Depreciation rate 1 14.29% 2 24.49% 3 17.49% 12.49% 8.93% 6 8.92% 7 8.93% 8 4.46% Part 1 | Attempt 1/3 for 10 pts. What is the allowed amount of depreciation for year 3? 6121.5 Correct Part 2 What is the book value at the end of year 5? - Attempt 1/3 for 10 pts. 0+ decimals

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