a. What amount of depreciation will you claim for each calendar year between 2007 and 2010? b. What percent of the total depreciable amount is taken in the first year?You have just bought a used track-type tractor to add to your production fleet. The initial capitalized value of the tractor is $110,000. The estimated service life remaining on the tractor is 10,000 hours and the anticipated operating condi- tions across the remainder of its life are normal. The salvage value of the tractor is $12,000. The tractor was purchased on July 1, 1997. (2007)