Assume $82,000 is going to be invested in each of the following assets. Using Table 12-11 and Table 12-12, indicate the dollar amount of the first year's depreciation. Table 12-12 Depreciation percentages (expressed in de able 12-11 Categories for depreciation write-off Class 3-year MACRS All property with ADR midpoints of 4 years or less. Autos and light trucks are excluded from this category. 5-year MACRS Property with ADR midpoints of more than 4 , but less than 10 years. Key assets in this category include automobiles and technological equipment such as computers and research-related properties. 7-year MACRS Property with ADR midpoints of 10 years or more, but less than 16 years. Most types of manufacturing equipment w category, as would office furniture and fixtures. \begin{tabular}{|l|l} 10-year MACRS & PropertywithADRmidpointsof16yearsormore,butlessthan20years.Petroleumrefiningproducts,railroadtankmanufacturedhomesfallintothisgroup. \end{tabular} 15-year MACRS Property with ADR midpoints of 20 years or more, but less than 25 years. Land improvement, pipeline distribution, t 20-year MACRS distribution, and sewage treatment plants all belong in this category. Property with ADR midpoints of 25 years or more (with the exception of real estate, which is treated separately). Key 27.5-year MACRS this category include electric and gas utility property and sewer pipes: Residential rental property if 80 percent or more of the gross rental income is from nontransient dwelling units (e.g.. building): low-income housing. \begin{tabular}{|l|l|} \hline 31.5-year MACRS & Nonresidential real property that has no ADR class life or whose class life is 27.5 years or more. \\ \hline 39-year MACRS & Nonresidential real property placed in service after May 12, 1993. \\ \hline \end{tabular} Assume $82,000 is going to be invested in each of the following assets. Using Table 12-11 and Table 12-12, indicate the dollar amount of the first year's depreciation. Table 12-12 Depreciation percentages (expressed in de able 12-11 Categories for depreciation write-off Class 3-year MACRS All property with ADR midpoints of 4 years or less. Autos and light trucks are excluded from this category. 5-year MACRS Property with ADR midpoints of more than 4 , but less than 10 years. Key assets in this category include automobiles and technological equipment such as computers and research-related properties. 7-year MACRS Property with ADR midpoints of 10 years or more, but less than 16 years. Most types of manufacturing equipment w category, as would office furniture and fixtures. \begin{tabular}{|l|l} 10-year MACRS & PropertywithADRmidpointsof16yearsormore,butlessthan20years.Petroleumrefiningproducts,railroadtankmanufacturedhomesfallintothisgroup. \end{tabular} 15-year MACRS Property with ADR midpoints of 20 years or more, but less than 25 years. Land improvement, pipeline distribution, t 20-year MACRS distribution, and sewage treatment plants all belong in this category. Property with ADR midpoints of 25 years or more (with the exception of real estate, which is treated separately). Key 27.5-year MACRS this category include electric and gas utility property and sewer pipes: Residential rental property if 80 percent or more of the gross rental income is from nontransient dwelling units (e.g.. building): low-income housing. \begin{tabular}{|l|l|} \hline 31.5-year MACRS & Nonresidential real property that has no ADR class life or whose class life is 27.5 years or more. \\ \hline 39-year MACRS & Nonresidential real property placed in service after May 12, 1993. \\ \hline \end{tabular}