A high-precision programmable router for shaping furniture components is purchased by Henredon for $185,000. It is expected to last 12 years. Calculate the depreciation deduction and book value for each year using MACRS-GDS allowances. a. What is the MACRS-GDS property class? b. Assume the complete allowable depreciation schedule is used. 5 $ $ 6 $ $ 7 $ $ 8 $ $ 9 $ $ 10 $ $ 11 $ $ 12 $ $ c. Assume the asset is sold during the 5 th year of use. End of Year dt Bt 0 $185,000 1 $ $ 2$ $ 3 $ $ 4 $ $ 5 $ $ A high-precision programmable router for shaping furniture components is purchased by Henredon for $185,000. It is expected to last 12 years. Calculate the depreciation deduction and book value for each year using MACRS-GDS allowances. a. What is the MACRS-GDS property class? b. Assume the complete allowable depreciation schedule is used. 5 $ $ 6 $ $ 7 $ $ 8 $ $ 9 $ $ 10 $ $ 11 $ $ 12 $ $ c. Assume the asset is sold during the 5 th year of use. End of Year dt Bt 0 $185,000 1 $ $ 2$ $ 3 $ $ 4 $ $ 5 $ $