2. You are working as an accountant for Millenium Corporation. Last year the company purchased a $2,500,000 corporate jet to be used for executive travel. To help offset the cost of the airplane, your company occasionally rents the jets to executives of two other corporations when it is not in use by Millenium. When the corproate tax return was filed this year, you started depreciating the jet by using MACRS. Today you received a letter from the IRS informing you that because your company occasionally rents the airplance to others, it is considered disputing this ruling from IRS and hae asked you the following questions: a. How much depreciation did you claim this year? format $x,xxx b. Under the new category, how much depreciation would be claimed? format $x,xxx C. If the company pays 30% income tax, what effect will this change have on the amount of tax owed, assuming the company made a net profit this year? f ormat $x.xxx