McCanless Co. recently purchased an asset for $2,300,000 that will be used in a 3-year project. The asset is in the 4-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 depreciation in Year 2? $340,630 $170,430 $766,667 $766,590 $1,022,350