Erwin Company, a calendar year taxpayer, made only two purchases of depreciable personalty this year. The first purchase was five-year recovery property costing $317,600, and the second purchase was seven-year recovery property costing $590,000. Use Table 7-2 and Appendix 7-A.

Required:

1. Compute Erwins first-year MACRS depreciation with respect to the personalty assuming that the first purchase occurred on February 2, and the second purchase occurred on June 18.
2. Compute Erwins first-year MACRS depreciation with respect to the personalty assuming that the first purchase occurred on February 2, and the second purchase occurred on October 13.