=+1. Compute depreciation for each of the years (2008, 2009, 2010, 2011, 2012, and 2013)

of useful life by

(a) the straight-line method and

(b) MACRS. In using the straightline method, one-half year’s depreciation should be computed for 2008 and 2013.

Use the MACRS rates presented on page 452.