crossroads eye care company purchased 114,400

need asap please

Crossroads Eye Care Company purchased $114,400 of equipment on March 1, Year 1. Year 1 2 3 OWN 5-Year Property, 7-Year Property, 20.00 14.29 32.00 24.49 19.20 17.49 11.52 12.49 11.52 8.93 5.76 8.92 8.93 4.46 Required a. Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2 assuming that the equipment is classified as a seven-year property b. Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipment is classified as a five-year property Required A Required B Compute the amount of depreciation expense that is deductible under MACRS for Year equipment is classified as a seven-year property. (Round your answers to the nearest v Depreciation Expense Year 1 Year 2 of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assu equipment is classified as a five-year property. (Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2