Bird Corporation bought a new 5-year asset for $300,000 and placed in service in 2020. It is the only asset it placed in service in 2020. Bird's taxable income before Sec 179 deduction is $200,000. It selected to take Section 179 deduction. 1. Determine the amount of depreciation on the 5-year asset for 2020. 2. If you are the tax accountant for Bird Corporation, how would you depreciate this asset