Holly Jolly Inc. purchased the following three assets this year. They were purchased and put into service according to the table below. What is Holly Jolly Inc. tax depreciation expense for year 1 and year 2 Office furniture, delivery truck reindeer sleigh), and word drill press (toy maker) Asset Purchase & Placed in Service Date Quarter Original Basis Rate for year 1 Rate year Depreciation Year Year 1 I Feb. 6 $20,000 Office Equipment (7y Delivery truck (5 Nov. 7 yrd 25.000 ) Machinery y) Dec 6 610.000 What type of depreciation convention will be used for these assets? MACRS Midyear b. Mid-quarter Daily d. All of the above