Exercise 8-19 (Algorithmic) (10. 2) Eudid acquires a Z-year dass asset on May 9,2020, for \$261, 100 (the only asset acquired during the year). Eudid does not elect immediate expensing under-5. 179. He does not daim any avallable additional first-year depreciation. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. Calculate Euclid's cont recovery deduction for 2020 and 2021 . 2020: 2021: 4 For Property Placed in Service after December 31, 1986 8.4 MACRS Accelerated Depreciation for Personal Property Assuming Mid-Quarter Convention (Percentage Rates) Summary of Tables Exhibit 8.3 Regular MACRS table for personalty. Depreciation methods: 200 or 150 percent dedining-balance switching to straightline. Recovery periods: 3,5,7,10,15,20 years. Convention: half-year. Exhibit 8.4 Regular MACRS table for personalty. Depreciation method: 200 percent declining-balance switching to straight--ine. Recovery periods: 3,5,7 years. Convention: mid-quarter