Tampa Corporation sold the following assets in 2018:

a. What is the depreciation deduction for each asset in 2018?

b. Compute the gain or loss on each asset sold.

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Depreciation/ Cost- Recovery Original Acquired Date Sold Cost Basis $ 9,000 Recovery Method Sales Date Period (Years) Price Automobile Equipment Building (nonresidental) 12/1/18a $ 1,200 9,500 240,000 1/1/15 MACRS MACRS MACRS 5 1/6/15 9/1/18ª 4/1/08 20,000 100,000 39 12/10/18