McCanless Co. recently purchased an asset for $2,750,000 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? 21 Multiple Choice Skipped $916,667 eBook $1,222,375 $916,575 $407,275 $203,775