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McCanless Co. recently purchased an asset for $2,200,000 that will be used in a 3 -year project. The asset is in the 3 -year MACRS

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McCanless Co. recently purchased an asset for $2,200,000 that will be used in a 3 -year project. The asset is in the 3 -year MACRS class. The depreciation percentage each year is 33.33 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. What is the amount of lepreciation in Year 2 ? Multiple Choice $733,260 $733,333 $325,820 $977,900 $163,020

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