Depreciation expense. Brock Florist Company buys a new delivery truck for $$29,000.$ It is classified as a light$-$duty truck.

a$.$ Calculate the depreciation schedule using a five$-$year life, straight$-$line depreciation, and the half$-$year convention for the first and last years.

b$.$ Calculate the depreciation schedule using a five$-$year life and MACRS depreciation,

c$.$ Compare the depreciation schedules from parts $($a$)$ and $($b$)$ before and after taxes using a $30\%$ tax rate. What do you notice about the difference between these two methods?

a$.$ Using a five$-$year life, straight$-$line depreciation, and the half$-$year convention for the first and last years, what is the annual depreciation of the truck?

$($Round to the nearest dollar.$)$

Data table

MACRS Fixed Annual Expense Percentages by Recovery Class

$\backslash$table$[[$Year$,3-$Year,$5-$Year,$7-$Year,$10-$Year$],[1,33\mathrm{.}33\%,20\mathrm{.}00\%,14\mathrm{.}29\%,10\mathrm{.}00\%$