Year 0 14.29% Year 1 Year 2 24.49% 17.49% Year 3 12.49% Year 4 8.93% Year 5 8.92% Year 6 8.93% Year 7 4.46% MACRS Depreciation Rate Massive Amusements, an owner of theme parks, invests $62 million to build a roller coaster. This can be depreciated using the MACRS schedule shown above. How much less is the depreciation tax shield for year 4 under MACRS depreciation than under 7-year, straight-line depreciation, if the tax rate is 40%