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An automotive company purchased equipment for $ 9 7 , 0 0 0 . What is the fifth year's depreciation on the 7 - year

An automotive company purchased equipment for $97,000. What is the fifth year's depreciation on the 7-year property if the property is placed in service in July 2011?
Click the icon to view a table of MACRS rates.
The fifth year's depreciation is $,(Round to the nearest cent as needed.)
MACRS Table
\table[[Depreciation rate for recovery period],[Year,3-Year,5-Year,7-Year,10- Year,15-Year,20-Year
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