Your company just purchased office furniture (asset class 00.11) for $96,000 and placed it in service on August 13, 2007. The cost basis for the furniture is $96,000, and it will be depreciated with the GDS using half-year convention. The expected salvage (market) value of the furniture is $4,000 in 2015. Determine the recovery period for the furniture and its depreciation deductions over the recovery period Click the icon to view the partial listing of depreciable assets used in business Click the icon to view the GDS Recovery Rates(x) The recovery period for the furniture is years. (Round to the nearest whole number) Determine the depreciation deductions over the recovery period. (Round to the nearest dollar Year The depreciation deduction, S 2007 2008 2009 2010 2011 2012 2013 2014