Save Score: 0 of 1 pt 5 of 8 (4 complete HW Score: 38.54%, 3.08 of 8 pts P10-8 (similar to) Question Help Depreciation expense, Richardson Tree Farm, Inc. has just purchased a new serier for $86,000. Calculate the depreciation schedule using a seven your life for the property dos calegory of a single purpose alour and horral structure from Table 10.3) for both straight-ine depreciation and MACRS. MU half year convention for both methods. Compare the depreciation schedules before and others using a 40% tax rate. What do you roce about the difference between these two methods? Using a seven year , straight line depreciation, and the hall your convention for the first and last years, what is the annual depreciation of the immer $(Round to the nearest dolar) Enter your answer in the answer box and then click Check Answer CH 10 remaining 23 HH MacBook Air S 80 # 3 % 5 & 7 4 6 8 new aerial tree trimmer for $86,000. Calculate the depreciation schedule using a seven-year life (for the pro hedules befo i Data Table - ng MACRS Fixed Annual Expense Percentages by Recovery Class Click on this icon to download the data from this table Year 3. Year 33.33% 44.45% 14.81% 7.41% 1 2 3 4 5 6 7 8 9 10 11 5-Year 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% 7-Year 14.29% 24.49% 17.49% 12.49% 8.93% 8.93% 8.93% 4.45% 10-Year 10.00% 18.00% 14.40% 11.52% 9.22% 7.37% 6.55% 6.55% 6.55% 6.55% 3.28% Print Done er. Clear All W MacBook Air