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did i do it wrong ? 5. On August 25, 2020, Kara acquired, and placed into service, residential rental property which cost $350,000, excluding the

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5. On August 25, 2020, Kara acquired, and placed into service, residential rental property which cost $350,000, excluding the cost of land. Calculate the depreciation for 2020. (6 points) 350.000* 1,364%=4,774 6. Refer to the previous problem. What is the depreciation for 2020 if Kara sold the property on September 23, 2022? (6 points) 2 year operation 350,000*1.364%-4,774 350,000*3.636%=12,726 TOTAL=17,500

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