MACRS, ADS (LO. 7) Stan purchases machinery costing $270,000 for use in his business in 2017. The machinery is 7-year MACRS property and has an ADS life of 12 years. Refer to the MACRS Depreciation Tables to answer the following questions. Complete a depreciation schedule using the regular MACRS method and ADS (straight- line method) depreciation assuming that Stan does not make a Section 179 election and elects not to claim bonus depreciation. In your calculations, round depreciation percentages to two decimal places. Round your final answers to the nearest dollar. If necessary, adjust the amount of MARCS depreciation in 2024 (the last year) so that total depreciation equals $270,000. Depreciation MACRS Depreciation ADS Year 2017 2018 2019 2020 2021 2022 2023 2024