Erwin Company, a calendar year taxpayer, made only two purchases of depreciable personalty this year. The first purchase was five- year recovery property costing $314,300, and the second purchase was seven-year recovery property costing $579,000. Use Table 7- 2 and Appendix 7-A. 16 a. Compute Erwin's first-year MACRS depreciation with respect to the personalty assuming that the first purchase occurred on February 2, and the second purchase occurred on June 18 b. Compute Erwin's first-year MACRS depreciation with respect to the personalty assuming that the first purchase occurred on February 2, and the second purchase occurred on October 13. 4 points X02:14:23 Complete this question by entering your answers in the tabs below. eBook Required B Required A Compute Erwin's first-year MACRS depreciation with respect to the personalty assuming that the first purchase occurred on February 2, and the second purchase occurred on June 18. (Round your final answers to the nearest whole dollar amount.) MACRS Depreciation Five-year recovery property Seven-year recovery property Required B> MACRS for Business Personalty (Half-Year TABLE 7.2 Convention Recovery Period 3-Year 5-Year 7-Year 10-Year 15-Year 20-Year Year Depreciation Rate 20.00% 14.29% 3.750% 1 33.33% 10.00% 5.00% 44.45 32.00 24.49 18.00 9.50 7.219 3 14.81 19.20 8.55 6.677 17.49 14.40 7.41 11.52 12.49 11.52 7.70 6.177 4 11.52 8.93 9.22 6.93 5.713 5.76 8.92 7.37 6.23 5.285 4.888 8.93 6.55 5.90 4.46 6.55 5.90 4.522 5.91 4.462 6.56 10 6.55 5.90 4.461 3.28 5.91 4.462 11 12 4.461 5.90 13 5.91 4.462 14 5.90 4.461 15 5.91 4.462 16 2.95 4.461 4.462 17 18 4.461 4.462 19 20 4.461 21 2.231 Appe tion Tables on for Busineds Perionalty Placed in Service in Pire Guarte 1750% 856 5639 665 875 845 10ee 15-er 20er 85 8