A high-precision programmable router for shaping furniture components is purchased by Henredon for $180,000. 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. End of Year dt Bt 0 $180,000 1 $ $ 2 $ $ 3 $ $ 4 S S 5 $ $ 6 S $ 7 $ $ . 8 $ 9 $ S 10 $ $ 11 S 12 $ $ c. Assume the asset is sold during the 5th year of use. End of Year da Bt 0 $180,000 1 $ $ 2 S S 3 $ $ 4 $ $ 5 $