Billy Hoyle Inc. recently purchased an asset for $1,950,000 that will be used in a 3-year project. The asset is in the 4-year MACRS class. The depreciation percentage each year is 33.33 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. What is the amount of depreciation in Year 2? Multiple Choice O $649,935 O O $288,795 $866,775 $144,495 $650,000

Billy Hoyle inc recently purchased an asset for $1,950,000 that will be used in a 3 -year project. The asset is in the 4 year MACRS class. The depeeciation percentage each year is 33.33 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. What is the amount of depreciation in Year 2 ? Multiple Choice 2649.935 s28e795 $866.775 $144.495 $650000