A truck costs $234,170 new, excluding tires (ignore tires for THIS problem). This truck is in the 5 year property class for MACRS. What is the depreciation for this truck in the SECOND year of ownership? NOT the total for 2 years, just the depreciation in year 2. The table is below, if you can't see it go to Table 12.1 in the text. Record your answer to the nearest whole dollar. Year of life 1 2 3 4 5 3-yr property 0.33 0.45 0.22 5-yr property 0.20 0.32 0.24 0.16 0.08 |