help please

Crossroads Eye Care Company purchased $121,900 of equipment on March 1, Year 1. 5-Year Property, 7-Year Property, Year 20.00 14.29 32.00 24.49 19.20 17.49 11.52 12.49 11.52 8.93 5.76 8.92 8.93 2 2 ded Required a. Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipment is classified as a seven-year property b. Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipment is classified as a five-year property Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipment is classified as a seven-year property. (Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 1 20,317 Year 2 $ 36,570 Required B > Crossroads Eye Care Company purchased $121,900 of equipment on March 1, Year 1. 5-Year Property, 7-Year Property, Year 1 2 3 4 20.00 32.00 19.20 11.52 11.52 5.76 Narded 14.29 24.49 12.49 12.49 8.93 3.92 8.93 4.46 red Required a. Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipment is classified as a seven-year property b. Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipment is classified as a five-year property. Complete this question by entering your answers in the tabs below. Required Reaired B Compute the amount of depreciation expense that is deductible under MACRS for Year 1 and Year 2, assuming that the equipment is classified as a five-year property. (Round your answers to the nearest whole dollar amount) Depreciation Expense Year 1 $ 14,516 Year 2 $ 27,781