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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. 3 yea Recovery year 1 2 33% 45 3 15 4. 7 5 6 7 8 9 10 11 Totals 100% "These percentages have been rounded ing realism. To calculate the actual de percentages or directly apply double-d Percentage by recovery yea 3 years 5 years 7 yeai 33% 20% 14% 45 32 25 15 19 18 7 12 12 12 9 5 9 9 4 100% 100% 100% rounded to the nearest whole percent to simplify c ctual depreciation for tax purposes, be sure to app ouble-declining balance depreciation using the hal by recovery year 7 years 10 years 14% 10% 25 18 18 14 12 12 9 9 9 8 9 7 4 6 6 6 4 100% 100% rcent to simplify calculations while retain- ses, be sure to apply the actual unrounded ation using the half-year convention. Select one: O a. 3,456 O b. 5,760 O c. 12,780 O d. 1,036.80 e. 2,073.60

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