1. Prepare a depreciation schedule to be used for tax purposes for a $40,000 of computer equipment using the 150% declining-balance method and a half-year convention (the depreciation table below). Depreciation Rates for 150% Declining Balance Using the Half-Year Convention Year 5 years (%) 7 years (%) 10 years (%) 15 years (%) 15.00 10.71 7.50 5.00 25.50 19.13 13.88 9.50 17.85 15.03 11.79 8.55 16.66 12.25 10.02 7.70 16.66 12.25 8.74 6.93 8.33 12.25 8.74 6.23 NA 12.25 8.74 5.90 NA 6.13 8.74 5.90 NA NA 8.74 5.91 NA NA 8.74 5.90 NA NA 4.37 5.91 NA NA NA 5.91 NA NA NA 5.90 NA NA 5.91 NA NA 2.95 5.90 NA NA NA NA NA