1. (15 pts) 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%)