20.(TCO D) During 2015 Paxton, Inc., a calendar year

taxpayer, placed the following property in

service on the dates noted (ignore the Section 179

deduction and bonus depreciation):

3/15/15 7 year property costing $295,000

12/1/15 5 year property costing $205,000

a) If no other properties were placed in service in 2015,

determine Paxton's 2015 and 2016 depreciation

deductions under MACRS.

b) If both properties had been placed in service on March

15, determine Paxton's 2015 and 2016 depreciation

deductions under MACRS.