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Brittany purchased a building for $420,000 on January 1,2014 . The purchase price does not include land. (Use Table 6A6 and Table 6A8) Required: Calculate

image text in transcribedimage text in transcribed Brittany purchased a building for $420,000 on January 1,2014 . The purchase price does not include land. (Use Table 6A6 and Table 6A8) Required: Calculate the cost recovery for 2014 and 2022 if the real property is: a. Residential real property. b. A warehouse. Note: For all requirements, round your final answers to the nearest whole dollar amount. On June 10, 2022, Huron purchased equipment (seven-year class property) for $58,000. (Use Table 6A-1) Required: Determine Huron's cost recovery deduction for computing 2022 taxable income. Assume that Huron does not make the 179 and bonus elections. Note: Round your answer to 2 decimal places

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