25-29 please

25. Roche Biotech provides company cars for its salespeople that cost an average of $25,000. Using the class recovery system of five years, what is the depreciation expense in year 2 of the MACRS? 26. Complete. .6 points per answer Par 27. Young Corporation bought a car with an estimated life of five years for $25,000. The residual value of the car is $5,000. After three years, the car was sold for $11,000. What was the difference between book value and selling price if Young used the straight-line method of depreciation? 28. If Boeing depreciates its equipment that cost $120,000 over six years, using a straight-line depreciation schedule, at what rate is it reducing its value by each year, assuming there is no residual value? 29. Tom purchased a condo in Mississippi for rental property at a cost of $106,600. Using the class recovery period for assets, how many years will he be able to depreciate the property