An asset costs $400,000 and is classified as a 5 -year asset. This asset is required to calculate depreciation under a modified accelerated cost recovery system (MACRS) of depreciation, Under MACRS schedule below, how much of a depreciation expense can the owner take in the second year of the asset's useful life? An asset costs $400,000 and is classified as a 5-year asset. Under Straight-Line Depreciation, how much of a depreciation expense can the owner take in the second year of the asset's useful life? $40,000$80,000$128,000$20,000$60,000 CWick:Sone and Subrit to suie and submit. Chok Save AUt Answers fo Nate all ansuers