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Intro Southwest Airlines just bought a new jet for $34,000,000. The jet falls into the 7- year MACRS category, with the following depreciation rates: 2

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Intro Southwest Airlines just bought a new jet for $34,000,000. The jet falls into the 7- year MACRS category, with the following depreciation rates: 2 3 Year 1 4 5 6 7 8 Depr. 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% rate Part 1 18 Attempt 1/3 for 10 pts. What was the depreciation in year 5? 0+ decimals Submit

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