A virtual mold apparatus for producing dental crowns permits an infinite number of shapes to be custom constructed based upon mold imprints taken by dentists. It costs $28,500 and is purchased at the beginning of the tax year. It is expected to last 9 years with no salvage value at that time. The dental supplier depreciates assets using MACRS but values assets of the company using straight-line depreciation. Determine the depreciation allowance and the unrecovered investment for each year using each of the following:

For tax purposes (be sure to identify the MACRS-GDS property class). MACRS-GDS property class five.

Depreciation Allowance Book Value MACRS-GDS 0 8 1 S 10 % 2 S % A 3 2 % $ $ 4 S % ___ 5 S $ % 6 $ % 7 $ $ $ $ $ % 8 0.05 % 9 % $ 0 0 %