Under MACRS, an asset which originally cost $100,000 incurred installation cost of 10,000 and has an estimated salvage value of $25000 is being depreciated using a 5 year normal recovery period. What is depreciation expense in year 1?

10 11 4 Under MACRS, an asset which originally cost $100,000, incurred install a 5-year normal recovery period. What is the depreciation expense in y O $15,000