The client has chosen to take Bonus Depreciation on $400,000 in new assets purchased in 2018.

With the bonus depreciation, the asset makeup of the new assets are as follows:

Description	Date Purchased	Purchase Amount	Bonus DepreciationTaken	Remaining Depreciable Basis
5-year MACRS Property	October 2, 2018	$480,000	$80,000	$400,000
7-year MACRS Property	September 10, 2018	$320,000	$320,000	-
Delivery Truck (over 6,000 lbs): 5-year MACRS Property	October 12, 2018	$40,000	-	$40,000

Using the MACRS tables calculate the Depreciation Expense for the remaining basis for 2018.