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please show work and fill in all boxes. Not sure if done correctly 3. (12 points) Chimera Chemical Corp plans to purchase a diesel semi-trailer

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3. (12 points) Chimera Chemical Corp plans to purchase a diesel semi-trailer truck for 100000 USD. The truck is expected to remain in service for six years, during which time it will be driven 600000 miles. Its predicted salvage value at the end of six years is 22000 USD. (a) For tax purposes, Chimera will depreciate the new truck using the MACRS rates shown below. Complete the following depreciation schedule, assuming an average tax rate of 40% : (b) Chimera will use straight-line depreciation to calculate the book value of the truck. Complete the following depreciation schedule: SL[F(TLS] 8Vk=FCI11d

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