Your company is considering expanding its warehouse facility in Memphis,

Tennessee. The expansion will cost $50,000 and will be depreciated as a 7-year

MACRS asset for ten years. What is the depreciation expense for Year 3? For

Year 7? For year 10?

Note: Use the MACRS Depreciation percentages depicted below:

Percentage By Recovery Years
Recovery Year	3 Years	5 Years	7 Years	10 Years
1	33%	20%	14%	10%
2	45%	32%	25%	18%
3	15%	19%	18%	14%
4	7%	12%	12%	12%
5		12%	9%	9%
6		5%	9%	8%
7			9%	7%
8			4%	6%
9				6%
10				6%
11				4%
Totals:	100%	100%	100%	100%