Elpeo & Co. purchased fixed assets classified as 3-year properties for the investment below. The MACRS depreciation method is applied for asset depreciation. What is the depreciation expense in the third year? Initial investment Annual sales Annual operating costs Initial increase in NWC Resale value of fixed assets Tax rate Discount Rate $1,000,000 $800,000 $300,000 $250,000 $150,000 21% 10% Multiple Choice ( O $161,300 $200,500 $148,100 $125,500 O $182,400