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1 Mary acquired and placed in service a building costing $1,000,000 on December 1, 2018 and sold on September 30, 2020. Calculate depreciation for 2018

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1 Mary acquired and placed in service a building costing $1,000,000 on December 1, 2018 and sold on September 30, 2020. Calculate depreciation for 2018 and 2020 if it is a residential apartment b Calculate depreciation for 2018 and 2020 if it is an office complex John Smith acquired a seven year property (Equipment) on Dec. 1, 2020 costing $80,000 calculate depreciation expense for 2021 1 Mary acquired and placed in service a building costing $1,000,000 on December 1, 2018 and sold on September 30, 2020. Calculate depreciation for 2018 and 2020 if it is a residential apartment b Calculate depreciation for 2018 and 2020 if it is an office complex John Smith acquired a seven year property (Equipment) on Dec. 1, 2020 costing $80,000 calculate depreciation expense for 2021

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