8. Bill purchased an apartment building for $350,000 which was placed in service on April 8, 2021. How much depreciation can Bill deduct for 2021 & 2022?

9. Same facts as number 8, except instead of an apartment building, Bill purchased a commercial building. How much depreciation can Bill deduct for 2021 & 2022?

10. Mary-Jo owns a theater. She purchased a new computer to run the accounting software and lighting for the theater. The computer cost $2,000 and was purchased on May 4, 2020. It was the only equipment purchased by the theater for 2020. Using the MACRS system, how much is her depreciation deduction for 2020? Ignore Section 179 and bonus depreciation.