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A group of investors has fo Corporation to purchase a small hotel. The p is $200,000 for the land and $800,000 for the hotel building.

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A group of investors has fo Corporation to purchase a small hotel. The p is $200,000 for the land and $800,000 for the hotel building. If the purchase takes place in June, com ute the MACRS depreciation for the first three calendar years. Then assume the hotel i June of the fourth year, and compute the MACRS depreciation in that year also rmed SandInn rice -40 ,okhoe in Tanuary. It

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