Crossroads Eye Care Company purchased $120,400 of equipment on Morch 1, Year 1 . 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 sevenyear 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. Complete this question by entering your answers in the tabs below. 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. (Round your answers to the nearest whole dollar amount.) Crossroads Eye Care Company purchased $120,400 of equipment on March 1, Year 1. Required a. Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipm 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 equipm classified as a five-year property. Complete this question by entering your answers in the tabs below. 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. (Round your answers to the nearest whole dollar amount,)