Problem $10($Calculation of Tax Depreciation$)$

Donna Corporation $($the Company$)$ purchased and placed in service a piece of equipment on January $1,2023,$ for a cash purchase price of $$100,000.$ For tax purposes, the Company uses the $200\%$ double declining balance method of depreciation and a half year convention. The equipment has a $5-$year recovery period.

Required

By reference to IRS Publication $946,$ Table A$-1,$ calculate the tax depreciation for the equipment in year $1.$