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Question 23 (2.5 points) Overland Trucking just purchased some fixed assets that are classified as three-year property for MACRS. The MACRS rates are 0.3333,

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Question 23 (2.5 points) Overland Trucking just purchased some fixed assets that are classified as three-year property for MACRS. The MACRS rates are 0.3333, 0.4445, 0.1481, and 0.0741 for years 1 to 4, respectively. What is the amount of the depreciation expense in Year 4 if the initial cost is $500,000? $125,000 $74,050 $37,050 $222,250 $166,650

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