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The cost of a new machine is $220,000. The cost of shipping is $10,000, and the cost of installation is $20,000. The required working capital

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The cost of a new machine is $220,000. The cost of shipping is $10,000, and the cost of installation is $20,000. The required working capital is $25,000. Using the 3-year MACRS schedule below, determine the depreciation expense in year 2 3-YR MACRS Year 33.33% 1 44.45% 2 3 14.81% 7.41% 4 $108,903 $122,238 $106,680 $97,790 $111,125

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