If corporate headquarters for UPS in Atlanta is considering adding to its 96,000+ fleet of delivery vans, what is year 5's depreciation expense using MACRS if one van costs $78,500? (Table 17.4 and Table 17.5) (Round your answer to the nearest cent.) Depreciation expense

Modifled Accelerated Cost Recovery System (MACRS) for assets placed in service after December 31, 1986 These classes use a 2008 declining balance method switching to the straight-line method These classes use a 150% declining-balance method switching to the straight-inne method. 7These classes use a straight-line method. If corporate headquarters for UPS in Atlanta is considering adding to its 96,000+ fleet of delivery vans, what is year 5 's depreciation expense using MACRS if one van costs $78,500 ? (Table 17.4 and Table 17.5) (Round your answer to the nearest cent.) Annual recovery for MACRS "Identifies when switch is made to straight line