The MACRS schedule lists the tax depreciation rates that firms use for assets placed into service after the Tax Reform Act of 1986 went into effect. The table indicates the percentage of the cost of the asset that can be depreciated in each year during the period that it is being used. Year 1 is the year in which the asset is first placed into service. Suppose you buy an automobile for 45,000 dollars. An automobile is a 5-year asset under MACRS. a) What is depreciation in year 1? b) What is the depreciation in year 6? c) What is the total depreciation? d) What is the book value at the end 6 years