5 caveu 3 3 of 5 Sapped Ask Required information Problem 10-51 (LO 10-2) (Algo) [The following information applies to the questions displayed below] On June 12 of year 1, Javier purchased a building, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,496.000, $496,000 was allocated to the basis of the land and the remaining $1,000,000 was allocated to the basis of the building. (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Problem 10-51 Part c (Algo) c. Assume the building was purchased and placed in service on April 6 instead of June 12. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? Prim References Year 1 Year 21 Year 3 Depreciation Deduction e ok sk Required information Problem 10-51 (LO 10-2) (Algo) [The following information applies to the questions displayed below] On June 12 of year 1, Javier purchased a building, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,496,000; $496,000 was allocated to the basis of the land and the remaining $1,000,000 was allocated to the basis of the building. (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Problem 10-51 Part d (Algo) d. Assume the building is residential property. Using MACRS, what is Javier's depreciation deduction on the building for years 11 through 3? rences Year 1 Year 2 Year 3 Depreciation Expense Required information Problem 10-51 (LO 10-2) (Algo) [The following information applies to the questions displayed below] On June 12 of year 1, Javier purchased a building, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,496,000; $496,000 was allocated to the basis of the land and the remaining $1,000,000 was allocated to the basis of the building. (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Problem 10-51 Part e (Algo) e. What would be the depreciation for 2021, 2022, and 2023 if the property were nonresidential property purchased and placed in service June 12, 2004 (assume the same original basis)? Depreciation Expense Year 2021 2022 ences 2023