Use MACRS GDS depreciation for each of the assets, 1-3, to calculate the following items, (a)-(c)

A light general purpose truck used by a delivery business, cost=$17,000

Production equipment used by a Detroit automaker to produce vehicles, cost =$30,000

Cement production facilities used by a construction firm, cost=$130,000

The MACRS GDS property class

The depreciation deduction for year 3

The book value of the asset after 6 years