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Co. bought an asset for $2,650,000 that will be used in a 3-year project. The asset is in the 4-year MACRS class. The depreciation percentage

Co. bought an asset for $2,650,000 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?

a.) $883,245

b.) $1,177,925

c.) $392,465

d.) $196,365

e.) $883,333

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