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7. 3 pts) A commercial building including the land was purchased for SSSOK. The purchase was made on 10 Mar 2012. It was sold in

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7. 3 pts) A commercial building including the land was purchased for SSSOK. The purchase was made on 10 Mar 2012. It was sold in 2016 on 10 Apr. The land was appraised when purchased and sold at SSOK. What is cach year's depreciation using Real Estate MACRS? Yr Dep 2012 1 2013 2 2014 3 2015 4 2016 5 8. (2 pts) If the sale and purchase price are the same, how much is the Recaptured Depreciation on which additional tax must be paid? 9. (pt) If the business income tax rate is 35% and the capital tax rate is 20%, how much taxis due as a result of this building sale

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