4. What is the tax depreciation according to MACRS for year 1 and 2 for each item and in total (assuming they did not take 179 election) for each of the following Company Scenarios? Company A Item Cost Basis Year 1 Depreciation Year 2 Deprecation Aluminum Press (7 $55,000 year)- (May) Group of $8,000 Computers for the front Office (3 yr.) - (November) Forklift (5 yr.) $450,000 (December) Total Deprecation Each Year Company B Item Vehicles - (May) Cost Basis $120,000 Year 1 Depreciation Year 2 Deprecation Group of $18,000 Computers for the front Office - (3 yu) (June) Sewing Machine $25,000 (December) Total Deprecation Each Year