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Bramble Corporation purchased an asset at a cost of $55,000 on March 1, 2020. The asset has a useful life of 8 years and a

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Bramble Corporation purchased an asset at a cost of $55,000 on March 1, 2020. The asset has a useful life of 8 years and a salvage value of $4,400. For tax purposes, the MACRS class life is 5 years, Recovery Year MACRS Depreciation Rates by Class of Property 3-year 5-year 7-year 10-year (200% DB) (200% DB) (200% DB) (200% DB) 33.33 20.00 14.29 10.00 15-year (150% DB) 20-year (150% DB) 5.00 3.750 1 2 44.45 32.00 2429 9.50 18.00 7219 3 14.810 19.20 17.49 14.40 8.55 6677 4 741 11.52 12.49 11.52 7.70 6.177 5 11.52 8.93 9.22 6.93 5.713 6 5.76 8.92 7.37 6.23 5.285 2 8.93 6.55 5.90 4888 8 446 6.55 5.90 4.522 6.56 5.91 4.462" 9 10 6.55 5.90 4.461 11 3.28 5.91 4.462 12 5.90 4.461 5.91 4.462 13 14 5.00 4.461 IS 591 4462 295 4.461 16 12 4462 4.461 1 4462 19 4461 20 2.231 5.90 4.461 14 5.91 4.462 15 2.95 4.461 16 4.462 17 4.461 18 4.462 19 4.461 20 2.231 21 "Switchover to straight-line depreciation Compute tax depreciation for each year 2020-2025, (Round answers to decimal places, es 15,892.) Tax depreciation for 2020 S Tux depreciation for 2021 $ Tax depreciation for 2022 $ Tax depreciation for 2023 $ Tax depreciation for 2024 $ Tax depreciation for 2025 $

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