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XYZ Corporation is considering the acquisition of a new piece of equipment. The new equipment costs $275,000, plus it will cost $10,000 to ship it

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XYZ Corporation is considering the acquisition of a new piece of equipment. The new equipment costs $275,000, plus it will cost $10,000 to ship it to XYZ, and it will cost $5,000 to install it at XYZ. The equipment has a 10-year class life and will be depreciated by the MACRS depreciation system. What amount of depreciation will be expensed in Year 2? Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box

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