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Calculate the following amounts: The first year of depreciation on a residential rental building costing $100,000, purchased on November 30. The first year of depreciation

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Calculate the following amounts: The first year of depreciation on a residential rental building costing $100,000, purchased on November 30. The first year of depreciation on an auto used 100 percent in business, costing $30,000, purchased in May 2015. (No bonus depreciation deducted). The second year of depreciation on a computer used exclusively for business, costing $7,000, purchased May 2014. The third year of depreciation on business furniture costing $1,000, purchased in July 2013, using the half-year convention and accelerated depreciation. Calculate the following amounts: The first year of depreciation on a residential rental building costing $100,000, purchased on November 30. The first year of depreciation on an auto used 100 percent in business, costing $30,000, purchased in May 2015. (No bonus depreciation deducted). The second year of depreciation on a computer used exclusively for business, costing $7,000, purchased May 2014. The third year of depreciation on business furniture costing $1,000, purchased in July 2013, using the half-year convention and accelerated depreciation

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