7 Part 4 of 5 23 Dints Skipped ! Required information Problem 10-51 (LO 10-2) (Algo) [The following information applies to the questions displayed below.] On February 17 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 $1,302,500; $295,000 was allocated to the basis of the land and the remaining $1,007,500 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 Ask 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 1 through 3? Print Year 1 Year 2 References Year 3 Depreciation Expense rt 5 of 5 3 nts Skipped ! Required information Problem 10-51 (LO 10-2) (Algo) [The following information applies to the questions displayed below.] On February 17 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 $1,302,500; $295,000 was allocated to the basis of the land and the remaining $1,007,500 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.) 00 8 eBook Ask 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 February 17, 2004 (assume the same original basis)? Year Print Depreciation Expense 2021 2022 eferences 2023