An asset costs $400,000 and is classified as a 5-year asset. This asset is required to calculate depreciation under a modified steelerated cost recovery system (MACRS) of depreciation. Under MACRS schedule below, how much of a depreciation expense can the swner take in the second year of the asset's useful life? 5 year year 1 20.00% year 2 32.00% year 3 19.20% year 4 11.52% year 5 11.52% year 6 5.76% $40,000 O $80,000 $128,000 Seve All A