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XY Company is planning to purchase 3 used trucks. Each truck will cost $18,000. The salvage value for each track $4,000. Compute the total depreciation

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XY Company is planning to purchase 3 used trucks. Each truck will cost $18,000. The salvage value for each track $4,000. Compute the total depreciation for each truck for the third year, using the modified accelerated cost recovery system (MACRS) method, if the recovery period is 5 years. Percentage by re 5 years Recovery year 1 3 years 33% 20% 2 45 32 3 15 19 4 7 12 5 12 6 S 7 7 8 9 10 11 Totals 100% 100% "These percentages have been rounded to the nearest wholc percent ing realism. To calculate the detual depreciation for tax purposes, be percentages or directly apply double-declining balance depreciation Select one: O a. 12,780 O b. 1,036.80 O c. 3,456 O d. 2,073.60 O e. 5,760

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