Wаshingtоn Inc. purchаsed furniture (7-yeаr prоperty) оn August 5, 2021 with a basis of $300,000 and used the mid-quarter convention. On April 18, 2025 (the fifth year) Washington disposed of the property. Calculate the maximum depreciation expense for 2025 (ignore §179 and bonus depreciation).Half-Year Convention Year 1: 5-year 20.00%; 7-year 14.29%.Mid-Quarter Convention Quarter 1 Year 5 7-year 8.75%. Mid-Quarter Convention Quarter 2 Year 5: 7-year 8.87%. Mid-Quarter Convention Quarter 3 Year 5: 7-year 9.30%. Mid-Quarter Convention Quarter 4 Year 5: 7-year 10.04%