Check my w (The following information applies to the questions displayed below.) On February 22 of year 1, Javier purchased a building, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,380,000; $395,000 was allocated to the basis of the land and the remaining $985,000 was allocated to the basis of the building. (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round intermediate calculations, Round your answers to the nearest whole dollar amount.) c. Assume the building was purchased and placed in service on October 30 instead of February 22. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? Year Depreciation deduction 1 2 3 Table 1 MACRS Half-Year Convention 20-Year Year 1 Year 2 Year 3 Year 4 3.750% 7.219 6.677 6.177 5.713 5.285 4.888 4.522 Year 5 Year 6 8.92 Depreciation Rate for Recovery Period 3-Year 5-Year 7-Year 10-Year 15-Year 33.33% 20.00% 14.29% 10.00% 5.00% 44.45 32.00 24.49 18.00 9.50 14.81 19.20 17.49 14.40 8.55 7.41 11.52 12.49 11.52 7.70 11.52 8.93 9.22 6.93 5.76 7.37 6.23 8.93 6.55 5.90 4.46 6.55 5.90 6.56 5.91 6.55 5.90 3.28 5.91 5.90 5.91 3.90 5.91 2.95 Year 7 Year 8 Year 9 4.462 Year 10 4.461 4.462 4.461 4.462 4.461 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 4.462 4.461 4.462 4.461 4.462 4.461 -- A 8 https://ezto-ct-media.mned TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 35.00% 25.00% Year 2 26.00 21.43 Year 3 15.60 15.31 Year 4 11.01 10.93 Year 5 11.01 8.75 Year 6 1.38 8.74 Year 7 8.75 Year 8 1.09 TABLE 26 MACRS Mid-Quarter Convention: For property placed in service during the second quarter Depreciation Rate for Recovery Period 5-Year 7. Year Year 1 25.00% 17.85% Year 2 30.00 23.47 Year 3 18.00 16.76 Year 4 11.37 11.97 Year 5 11.37 8.87 Year 6 4.26 8.87 Year 7 8.87 Years 3.34 TABLE 2 MACRS Mid-Quarter Convention: For property placed in service during the third quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 15.00% 10.71% Year 2 34.00 25.51 Year 3 20.40 18.22 Year 4 12.24 13.02 Year 5 11.30 9.30 Year 6 7.06 8.85 Year 7 8.86 Year 8 5.53 TABLE 24 MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 5.00% 3.57% Year 2 38.00 27.55 Year 3 22.80 19.68 Year 4 13.68 14.06 Year 5 10.94 10.04 Year 6 9.58 8.73 Year 8.73 Years 7.64 Month Property Placed in Service Month 1 Month 2 Month 3 Month 4 Month 3 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Year 1 3.485% 3.182% 2.879% 2.576% 2.27395 1.970% 1.667% 1.364% 1.061% 0.758% 0.455% 0.15296 Year 2-9 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 Year 10 3.637 3.637 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.636 3.636 Year 11 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3,637 3.637 3.637 3.637 3.637 Year 12 3.637 3.637 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.636 3.636 Year 13 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.637 3.637 Year 14 3.637 3.637 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.636 3.636 Year 15 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.637 3.637 Year 16 3.637 3.637 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.636 3.636 Year 17 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.637 3.637 Year 18 3.637 3.637 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.636 3.636 Year 19 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.637 3.637 Year 20 3.637 3.637 3.637 3.637 3,637 3.636 3.636 3.636 3.636 3.636 Year 21 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 Year 12 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 1636 3.636 Year 23 3.636 3.636 3.636 3.636 3.637 3,637 3,637 3.637 Year 24 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.636 3,636 3.636 3.616 Year 25 3.636 3.636 3.636 3.636 3.637 3.637 3.637 Year 26 3.6.37 3.037 3.637 3.637 3637 3.637 3636 3.636 3.636 Year 17 361 3.636 3.016 3.610 3.636 3.636 3.616 1617 3.637 3.63% 3.617 Type here to search TM 3.636 1636 3 O Month 3 2.5159 Month 4 2.249% 3.175 3.174 3.175 3.175 3.174 3.175 3.174 3.175 3.174 Month 1 Month 2 ear 1 3.042) 2.778% ear 2.7 3.175 3.175 Years 3.175 3.174 Year 9 3.174 3.175 Year 10 3.175 3.174 Year 11 3.174 3.175 Year 12 3.175 3.174 Year 13 3.174 3.175 Year 14 3.175 3.174 Year 15 3.174 3.175 Year 16 3.175 3.114 Year 17 3.174 3.175 Year 15 3.175 3.174 Year 19 3.175 Year 20 3174 Year 21 3.174 3.175 Year 12 3.175 3.174 Year 23 3.174 3.175 Year 24 3.175 3.175 3.174 3.175 3.174 3.173 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3407 3.175 3.174 3.175 Month Property Placed in Service Month 5 Month 6 Month 7 1.984% 1.720% 1.455% 3.175 3.175 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.174 3.175 3 174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 1174 3.175 3174 Month 8 1.190% 3.175 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 Month 9 Month 10 Month 11 Month 0.926% 0.661% 0.3979 0.132 3.175 3.175 3.175 3.175 3.175 3.175 3.175 3.175 3.174 3.175 3.174 3.175 3.175 3.174 3.175 3.174 3.174 3.175 3.174 3.175 3.175 3.174 3.175 3.174 3.174 3.175 3.174 3.175 3.175 3.174 3.175 3.174 3.174 3.175 3.174 3.175 3.175 3.174 3.175 3.174 3.174 3.175 3.174 3.175 3.175 3.174 3:175 3.174 3.175 3.174 3.175 3.175 3.174 3.175 3.174 3.174 3.175 3.174 1.175 3.175 3.174 3.175 3.174 3.174 3.175 3.174 3.175 3.175 3.174 3.175 174 1174 2 3.175 3.175 3.174 3.175 3175 3.175 3.174 3.175 3.174 3.175 3.174 3.174 115 LES Nonresidential Real Property Mid-Month Convention Straight Line 39 Years (for assets placed in service on after May 13, 1993) Month Property Placed in Service Mouth 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Year 1 2.4619 2.247 2.03% 1.819% 1.6059 1.391% 1.177% 0.963% 0.749 car 2-39 2.564 2.564 2564 2564 2.564 2564 2.564 2564 2.564 Year 40 0.107 0321 0.535 0.749 0.963 1177 1.391 1.605 1.819 Month 10 0.5359 2.564 2.033 Month 11 0.321% 2.564 2.247 Month 12 0.10796 2.364 2.461