3. The IE department has purchased an intelligent robot for the robotics lab, which has a first cost of $80,000. Since the robot is unique in its capabilities, the department expects to be able to sell it in 4 years for $95.000 a. Determine which asset class this equipment falls under in MACRS depreciation b. Complete the following table using MACRS depreciation. Depreciation Amount EOY Book Value Year 80,000