Generate 50% depreciation when asset is retired in first year of service using MACRS

Hello Team,

We have a US based client which are using MACRS HY diminishing balance depreciation method for Tax books. Their requirement is below :

Generate 50% depreciation when asset is retired in first year of service

Depreciation Method : MACRS

Depreciation Calendar : Monthly starting 01-JAN-2020.

Prorate Calendar : Monthly Starting 01-JAN-2020

Prorate convention : MACRS HY i.e 01-JAN-2020 to 31-DEC-2020 : Prorate date is 01-JUL-2020

Asset Cost : USD 10000

Recoverable Period : 3 year (200% diminishing balance method)

Asset placed in service on 10-FEB-2020 and later retired on 10-JUN-2020(or 10-NOV-2020). Since asset has been retired in the first year itself client has a requirement to calculate half depreciation as below :