81 83 7. (Lecture note page 12-14, 40-43, see Excel version of the example for detail) 84 Suppose that a project has a depreciable investment of S1,000,000 and falls under the following MACRS year 5 class depreciation schedule 85 year 1.20%, year 2.32%, year 3:19 2%; year 4: 1 1 5%; year 5 11.5%, and year 6, 58% 86 Calculate depreciation for year 2. (05 pts) 87 89 90 9