During its current tax year (year one), a pharmaceutical company purchased a mixing tank that had a fair market price of $116000. It replaced an older, smaller mixing tank that had a BV of $15000. Because a special promotion was underway, the old tank was used as a trade-in for the new one, and the cash price (including delivery and installation) was set at $93000. The MACRS class life for the new mixing tank is 9.5 years. a. Under the GDS, what is the depreciation deduction in year two? The depreciation deduction in year two is $ . (Round to the nearest dollar.)