Depreciation expense. Richardses' Tree Farm, Inc. has just purchased a new aerial tree trimmer for S92,000. Calculate the depreciation schedule using a seven-year life (for the property class category of a single-purpose agricultural and horticultural structure from Table 10.3) for both straight-line depreciation and MACRS,. Use the half-year convention for both methods. Compare the depreciation schedules before and after taxes using a 40% tax rate. What do you notice about the difference between these two methods? MACRS Fixed Annual Expense Percentages by Recovery Class 10-Year 10.00% 18.00% 14.40% 11.52% 9.22% 5-Year 20.00% 32.00% 19.20% 11 .52% 11 .52% 576% 7-Year 14.29% 24.49% 17.49% 12.49% 8.93% 8.93% 8.93% 4.45% 3-Year 33.33% 44.45% 14.81% 7.41% Year 4 6 6.55% 6.55% 6.55% 6.55% 3.28% 10