Aaron Rodgers purchased an apartment building on August 1, 2019, for a total of $1.75 million of which $525,000 was the value of the land on which the apartment building was located.

Also, Aaron purchased 5-year class new business equipment for $32,750 on October 11, 2019. He elects not to immediately expense the equipment under 179 and elects not to take the additional first-year depreciation.

Aaron purchased no other business assets during 2019.

1. Determine Aarons depreciation on the apartment building for 2019.

b. Determine Aarons depreciation on the equipment for 2019.

c. If Aaron sells the apartment building on June 8, 2026, how much depreciation deduction will Aaron take for the apartment building for 2026?

d. If Aaron sells the equipment on December 19, 2020, how much depreciation deduction will Aaron take for the equipment for 2020?