Question In 2010, Salem Corporation purchases 12.1 milion of machinery (7-year property and places into service in its business. (Click the icon to view the MACRS half year convention rates.) Reference Read the requirements General Depreciation System-MACRS Personal Property Placed in Service After 1201786 Applicable Convention Hall Year Applicatie Depreciation Method 200 or 150 Percent Dedining Balance Suitching to Sotline Recovery period and Depreciation Rates 2010 a. What are Salem's depreciation deduction for 2019 and 2020 i Salem does not electSec. 179 expensing and elects out of tonus decimal places, XX. Round the MACRS depreciation to the nearest dolor. Complete all input fields Enter a "O for any ero amo 2020 Sec. 179 expense Bonus depreciation MACRS depreciation Total depreciation Requirements 3. Year 33.33 44.45 14.81 741 20-Year 3.750 S-Year 20.00 32.00 19.20 11.52 1152 6.70 7.Year 14.29 2449 17.49 12.49 15-Year 5.00 9.50 8.55 7.70 6.93 1.219 Year Year 1 Year 2 Year 3 Year 4 Years Year Year Year 8 Year Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 10-Year 10.00 18.00 14.40 11.52 922 737 6.55 6.65 4.46 5.00 6.91 0.00 6.677 0.177 5.713 5285 4 4522 4412 4.461 4.462 4.461 4462 What we Bw's depreciation deductions for 2010 and 2020 in each of the folowing thuation? Assume that your convention applies and this is the only property Salem places into service in 2010. Bom does not let Sec 17 expensing and elects out of borus depreciation b. Salem electSec 179 expensing for the assets and does not let out of bonus depreciation 6. Salem does not clect Sec. 179 expensing and does not clect out of bonus Depreciation 6.56 3.28 6.90 5.91 5.90 5.91 mer any number in the edit perts - remaining Print Print Done Done Done MacBook Pro