An earthwork contractor purchased a new loader at a cost of $112,000 including tax and transportation expenses. Answer the following questions about depreciation. Note: GDS (General Depreciation System) are ADS (Alternative Depreciation System) are two methods of Modified Accelerated Cost Recovery System (MACRS). Using the ADS method, 10. $14,520 what is the cumulative depreciation after 3 year? 11. $65,333