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Problem #1: In 2006, your company purchased a front-end loader for $150,000, a dump truck for $85,000, and a dumping trailer (pup) for the dump

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Problem #1: In 2006, your company purchased a front-end loader for $150,000, a dump truck for $85,000, and a dumping trailer (pup) for the dump truck for $38,000. In 2007, your company purchased two side-dump trailers for $65,000 each and two tractors to pull the side-dump trailers for $68,000 each. In December of 2008, your company purchased a dump truck for $87,000. Determine the depreciation allowed for tax purposes for the 2008 tax year using the 200% declining-balance method and the half-year convention. (20 Points)

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