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Question 28 (3 points) If a computer (5-year property) is purchased for $100, depreciation expense for the first 2 years would be calculated as

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Question 28 (3 points) If a computer (5-year property) is purchased for $100, depreciation expense for the first 2 years would be calculated as follows: Year 1 = $100 1/5 yrs 200% = $40 1/2 (half-year convention) = $20 depreciation expense in the 1st year Year 2 = $100 - $20 yr 1 depreciation = $80 x 1/5 yrs x 200% = $__ depreciation expense in the 2nd year $20 $40 $16 $32

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