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ni- to of d. out ur 16.31 Bison Gear and Engineering of St Charles, Illinois, makes sensorless and brushless de gear motors suited for foodservice equipment, factory automation, alter- native energy systems, and other specialty machinery applications. The company purchased an asset 2 years ago that has a 5-year recovery period. The MACRS depreciation charge for year 3 is $14592. (a) What was the first cost of the asset? (b) Develop the entire MACRS schedule for the asset and deter- mine the depreciation charge in year I and next year