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5. Mahnoor Gandapur is the general manager of a Pakistani-themed restaurant located near the campus of a large state university. She used her old dish

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5. Mahnoor Gandapur is the general manager of a Pakistani-themed restaurant located near the campus of a large state university. She used her old dish machine for as long as she could, but it is finally beyond repair! So, she has purchased a new dish machine for $21,400 that she will fully depreciate with no salvage value (according to current tax laws). According to the MACRS property class table, the dish machine has a seven-year class life. Help Mahnoor complete her depreciation schedule below for the dish machine using MACRS deprecation and answer the questions that follow. Purchase Price Recovery Year 1 Depreciation on Dish Machine ($) $21,400 7-Year Property (%) 14.29 24.49 17.49 2 3 12.49 8.93 5 6 8.92 8.93 7 8 4.46 100.00 Total

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