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Brittany purchased a building for $480,000 on January 1, 2014. The purchase price does not include land. (Use Table 6A-6 and Table 6A-8) Required: Brittany

Brittany purchased a building for $480,000 on January 1, 2014. The purchase price does not include land. (Use Table 6A-6 and Table 6A-8)

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Brittany purchased a bullding for $480,000 on January 1,2014 . The purchase price does not Include land. (Use Table 6A6 and Table 6AA8) Requlred: Calculate the cost recovery for 2014 and 2022 if the real property is: a. Residential real property. b. A warehouse. Note: For all requlrements, round your final answers to the nearest whole dollar amount. TABLE 6A-6 General Depreciation System: Straight-Line; Applicable Recovery Period: 27.5 Years; Mid-Month Convention TABLE 6A-8 General Depreciation System: Straight-Line; Applicable Recovery Period: 39 Years; Mid-Month Convention

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