Southwest Airlines just bought a new jet for $34,000,000. The jet falls into the 7-year MACRS category, with the following depreciation rates (half-year convention): Year 1 2 3 4 5 6 7 8 Depr. 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% rate IB Attempt 1/8 for 10 pts. Part 1 What was the depreciation in year 5? 0+ decimals Submit