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6 Part 2 of 4 1.5 points Skipped Required information Problem 02-51 (LO 02-2) (Algo) [The following information applies to the questions displayed below.] On

6 Part 2 of 4 1.5 points Skipped Required information Problem 02-51 (LO 02-2) (Algo) [The following information applies to the questions displayed below.] On March 18 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 $1,453,500; $396,000 was allocated to the basis of the land and the remaining $1,057,500 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.) eBook Print Problem 02-51 Part b (Algo) b. What would be the year 3 depreciation deduction if the building was sold on May 28 of year 3? Year 3 depreciation deduction References 7 ! Part 3 of 4 1.5 points Required information Problem 02-51 (LO 02-2) (Algo) [The following information applies to the questions displayed below.] On March 18 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 $1,453,500; $396,000 was allocated to the basis of the land and the remaining $1,057,500 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.) eBook. Print Problem 02-51 Part c (Algo) c. Assume the building was purchased and placed in service on January 18 instead of March 18. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? References Depreciation Deduction Year 1 Year 2 $ 27,114 Year 3 $ 27,114

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