The ABC Company is considering the purchase of a new piece of equipment. This equipment will cost $150,000. This asset will be depreciated using an MACRS (GDS) recovery period of three years. Use this information to answer the following questions. 1. $66,675 2. $33,330 What is the depreciation amount in the second year? 3. $11,108 4. $27.771 If the equipment is sold during the third year of ownership, what is the allowable depreciation charge for the third year? 5. $41,677 6. $55,563 What is the BV at the end of the second year? 7. $71,225 8. $89,112