HELPPP ASAPPPP

Sheridan Corporation purchased an asset at a cost of $46,250 on March 1, 2020. The asset has a useful life of 8 years and a salvage value of $3,700. For tax purposes, the MACRS class life is 5 years. ecovery Year 3-year (200% DB) 33.33 44.45 14.81 7.41 15-year (150% DB) 5.00 9.50 8.55 7.70 MACRS Depreciation Rates by Class of Property 5-year 7-year 10-year (200% DB) (200% DB) (200% DB) 20.00 14.29 10.00 32.00 24.29 18.00 19.20 17.49 14.40 11.52 12.49 11.52 11.52 8.93 9.22 5.76 8.92 7.37 8.93 6.55 4.46 6.55 6.56 6.55 3.28 6.93 6.23 5.90* 5.90 5.91 5.90 5.91 5.90 5.91 5.90 5.91 2.95 20-year (150% DB) 3.750 7.219 6.677 6.177 5.713 5.285 4.888 4.522 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 2 3 4 5 6 7 8 4.462 9 ON 4.461 4.462 4.461 2.231 0 1 'Switchover to straight-line depreciation. Compute tax depreciation for each year 2020-2025. (Round answers to o decimal places, e.g. 45,892.) Tax depreciation for 2020 $ Tax depreciation for 2021 $ Tax depreciation for 2022 $ Tax depreciation for 2023 $ Tax depreciation for 2024 $ ta Tax depreciation for 2025 $