A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs include $800,000 in installation costs. If the asset is classified in the 5-year class, what is the annual depreciation for years 1, 3, and 6 for this asset, using the fixed depreciation percentages given by MACRS? (The percentages are 20.00%, 19.20%, and 5.76%, respectively.)

a. $1,160,000, $1,113,600, and $668,160 for years 1, 3, and 6, respectively

b. $1,160,000, $1,113,600, and $334,080 for years 1, 3, and 6, respectively

c. $5,800,000, $1,160,000, and $1,113,600 for years 1, 3, and 6, respectively

d. $1,856,000, $1,113,600, and $334,080 for years 1, 3, and 6, respectively