The first horse is a 7 year old purchased for $12,000.00, the second horse is 15 years old and cost $2,000.00, and the third horse is a 10 year old purchased for $25,000.00 and intended for resale. The stable is planning to show a profit on their taxes in the next two years. Explain which type of depreciation you would recommend to use and compute the amount of deduction for each horse and each year.