WLS (we love smog) Inc. is expanding operations and needs to purchase
new petroleum production equipment in 2021. The equipment will cost
$500,000 and they will be using MACRS to depreciate it - which is a change
from their old straight-line system. What will be their depreciation expense
for the following years - and please - give me ONLY these years?
2022. 2025. 2026, 2030, 2031. Show your calculations.