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Check my work Required information [The following information applies to the questions displayed below.) On November 27 of year 1 Javier purchased a building, including

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Check my work Required information [The following information applies to the questions displayed below.) On November 27 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 $1,379,000; $314,000 was allocated to the basis of the land and the remaining $1,065,000 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 12 instead of November 27. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? Year Depreciation deduction access your email. you MUST download the Outlook or Office 365 App from either the Play Store for Android or the App Store for Apple. activate their student portal ate My New Account link Check my work Required information (The following information applies to the questions displayed below.) On November 27 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 $1,379,000; $314,000 was allocated to the basis of the land and the remaining $1,065,000 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.) d. Assume the building is residential property. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? Year Depreciation deduction 2 3 access your email. you MUST download the Outlook ar Affice 365 App from either the Play Check my work Required information (The following information applies to the questions displayed below.) ) an nks On November 27 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 $1,379,000; $314,000 was allocated to the basis of the land and the remaining $1,065,000 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.) e. What would be the depreciation for 2018, 2019, and 2020 if the property were nonresidential property purchased and placed in service November 27, 2001 (assume the same original basis)? Year Depreciation deduction 2018 2019 2020 access your email. you MUST download the ctivate their student portal Outlook or Office 365 App from either the Play ate My New Account link Store for Android or the App Store for Apple. anomara ya W X PO * P - FI

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