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a. Calculate the annual MACRS depreciation for a machine in the 7-year MACRS asset class, assuming that the asset costs $30,000. Use Table 9A-3 for

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a. Calculate the annual MACRS depreciation for a machine in the 7-year MACRS asset class, assuming that the asset costs $30,000. Use Table 9A-3 for your calculations. Round your answers to the nearest dollar Year Depreciation $ 2 $ 1 3 4 5 6 7 $ $ $ $ $ $ B b. If you knew that the asset had an expected salvage value of $1,500 at the end of its 11-year economic life, would your answer to part a change? -Select

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