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XY Company is planning to purchase 3 used trucks. Each truck will cost $18,000. The salvage value for each track $4,000. Compute the total depreciation for each truck for the third year, using the modified accelerated cost recovery system (MACRS) method, if the recovery period is 5 years. Percentage by rc Recovery year 3 years 5 years 1 33% 20% 2 45 32 19 3 15 4 7 12 12 5 6 S 7 8 9 10 11 Totals 100% 100% "These percentages have been rounded to the nearest whole percent ing realism. To calculate the actual depreciation for tax purposes, be percentages or directly apply double-declining balance depreciation