Crossroads Eye Care Company purchased $122,200 of equipment on March 1, Year 1. 5-Year Property, 7-Year Property, Year 212345678 80 20.00 32.00 % 14.29 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. Complete this question by entering your answers in the tabs below. Required A Required 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 seven-year property. (Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2