Question: Please show work by hand! Some special handling devices (3-year MACRS property) can be obtained for $30,000. At the end of 6 years, they can

Please show work by hand!

Some special handling devices (3-year MACRS property) can be obtained for $30,000. At the end of 6 years, they can be sold for $3000. Compute the mentioned depreciation amount for the devices using the following methods:

(a)Straight-line depreciation for year 6.

b)Double declining balance depreciation for year 2.

(c)MACRS depreciation with 40% bonus depreciation for year 1 [MACRS rates are: Year 1: 33.33%, Year 2: 44.45%, Year 3: 14.81%, Year 4: 7.41%]

Please show work by hand!

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