1. McCanless Company recently purchased an asset for $1,850,000 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?

   		$616,605
   		$822,325
   		$616,667
   		$137,085
   		$273,985