A piece of construction equipment (assot class 15.0) was purchased by the vones Construction Company in 2021 . The cost basis was $270,000. The plan ia to use the equipment and dinpoie 2 after about 8 years of service. a), Determine the MACRS-GDS and MACRS.ADS recovery periods for the equipment b). Determine the annual GDS and ADS depreciation deductions for this property c). If the compary disposes the equipment and sels it socner in 2023 , instead of 2029 , what would the the COS and ADS depreciations for that year? d). Based on (c), What are the corresponding book values under the GDS and ADS deprociations? Click the icon to view the partiat listing of depreciable assets used in business. Click the keon to view the GDS Recowery Rates (rk) a). Thr Gos recovery period is years The ADS fecovery period is years. b). Determine the GDS depreciation deductions for this property (Round to the nearest dollar.) More Info More Info More Info c). The cos depreciation deduction for the year 2023 would be (Pound to the neareut dolar) d. Dw book value at end of 2023 based on CDS depieciations is 1 The 0cok value at end of 2023 besed on ADS depreciafors is 5 (Round ta the pearest dollac) A piece of construction equipment (assot class 15.0) was purchased by the vones Construction Company in 2021 . The cost basis was $270,000. The plan ia to use the equipment and dinpoie 2 after about 8 years of service. a), Determine the MACRS-GDS and MACRS.ADS recovery periods for the equipment b). Determine the annual GDS and ADS depreciation deductions for this property c). If the compary disposes the equipment and sels it socner in 2023 , instead of 2029 , what would the the COS and ADS depreciations for that year? d). Based on (c), What are the corresponding book values under the GDS and ADS deprociations? Click the icon to view the partiat listing of depreciable assets used in business. Click the keon to view the GDS Recowery Rates (rk) a). Thr Gos recovery period is years The ADS fecovery period is years. b). Determine the GDS depreciation deductions for this property (Round to the nearest dollar.) More Info More Info More Info c). The cos depreciation deduction for the year 2023 would be (Pound to the neareut dolar) d. Dw book value at end of 2023 based on CDS depieciations is 1 The 0cok value at end of 2023 besed on ADS depreciafors is 5 (Round ta the pearest dollac)