Herelt Inc., a calendar year taxpayer, purchased equipment for $396,800 and placed it in service on April 1, 2018. The equipment was seven-year recovery property, and Herelt used the half-year convention to compute MACRS depreciation. Use Table 7-2 Compute Herelt's MACRS depreciation with respect to the equipment for 2018 and 2019. b. Compute Herelt's adjusted basis in the equipment on December 31, 2019. c. Compute Herelt's MACRS depreciation for 2020 if it disposes of the equipment on February 9, 2020. a. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute Herelt's MACRS depreciation with respect to the equipment for 2018 and 2019. (Round your final answers to the nearest whole dollar amount.) 2018 2019 Depreciation Required A Required B Complete this question by entering your ar answers in the tabs below. Required A Required B Required C Compute Herelt's adjusted basis in the equipment on December 31, 2019. (Round your intermediate calculations to the nearest whole dollar amount.) Adjusted basis Required A Required C Complete this question by entering your answers in the tabs below. Required B Required A Required C Compute Herelt's MACRS depreciation for 2020 if it disposes of the equipment on February 9, 2020. (Round your final answer to the nearest whole dollar amount.) Depreciation Required B Required C