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