11-40 Metal Stampings, Inc., can purchase a new forging machine for $100,000. After 20 years of use the forge should have a salvage value of $15,000. What depreciation is allowed for this asset in Year 3 for A (a) Straight-line depreciation? (b) Double declining balance depreciation? (c) 40% bonus depreciation with the balance using MACRS? 11-40 Metal Stampings, Inc., can purchase a new forging machine for $100,000. After 20 years of use the forge should have a salvage value of $15,000. What depreciation is allowed for this asset in Year 3 for A (a) Straight-line depreciation? (b) Double declining balance depreciation? (c) 40% bonus depreciation with the balance using MACRS