Carl purchased an apartment complex for $2.5 million on March 17 of year 1. of the purchase price, $1,000,000 was attributable to the land the complex sits on. He also installed new furniture into half of the units at a cost of $74,000. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Enter your answers in dollars and not in millions of dollars.)

b. What is Carl's allowable depreciation deduction for year 3 if the real property is sold on January 2 of year 3? (Do not round intermediate computations. Round your final answer to the nearest whole dollar amount.)