Intro Southwest Airlines just bought a new jet for $35,000,000. The jet falls into the 7- year MACRS category, with the following depreciation rates (half-year convention): Year 1 2 3 4 5 6 7 8 Depr. rate 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% Part 1 What was the depreciation in year 5? IB Attempt 3/6 for 10 pts. 0+ decimals Submit Part 2 What is the book value at the end of year 5? - Attempt 1/6 for 10 pts. 0+ decimals Submit