Exhibit 8.3 MACRS Accelerated Depreciation for Personal Property Assuming Half- Year Convention (Percentage Rates) For Property Placed in Service after December 31, 1986 Recovery Year 3-Year 5-Year 7-Year (200% DB) (200% DB) (200% DB) 10-Year (200% DB) 1 5-Year (150% DB) 20-Year (150% DB) 33.33 20.00 14.29 10.00 5.00 3.750 44.45 32.00 24.49 18.00 9.50 7.219 N 14.81 * 17.49 19.20 W 14.40 8.55 6.677 7.41 11.52 * 12.49 11.52 7.70 6.177 11.52 8.93 * 9.22 6.93 5.713 5.76 8.92 7.37 6.23 5.285 8.93 6.55 * 5.90* 4.888 00 4.46 6.55 5.90 4.522 6.56 5.91 4.462 * Lopez acquired a building on June 1, 2014, for $44,654,200. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. a. Calculate Lopez's cost recovery deduction for 2019 if the building is classified as residential rental real estate. b. Calculate Lopez's cost recovery deduction for 2019 if the building is classified as nonresidential real estate. On March 25, 2019, Parscale Company purchases the rights to a mineral interest for $8,981,000. At that time, the remaining recoverable units in the mineral interest are estimated to be 619,700 tons. If required, round any division to two decimal places and use in subsequent computations. Round your final answer to the nearest dollar. If 80,000 tons are mined and 75,000 tons are sold this year, calculate Parscale's cost depletion for 2019. On October 1, 2019, Priscilla purchased a business. Of the purchase price, $106,000 is allocated to a patent and $636,000 to goodwill. If required, round your intermediate values to nearest dollar and use in subsequent computations. Calculate Priscilla's 2019 $ 197 amortization deduction. Exhibit 8.3 MACRS Accelerated Depreciation for Personal Property Assuming Half- Year Convention (Percentage Rates) For Property Placed in Service after December 31, 1986 Recovery Year 3-Year 5-Year 7-Year (200% DB) (200% DB) (200% DB) 10-Year (200% DB) 1 5-Year (150% DB) 20-Year (150% DB) 33.33 20.00 14.29 10.00 5.00 3.750 44.45 32.00 24.49 18.00 9.50 7.219 N 14.81 * 17.49 19.20 W 14.40 8.55 6.677 7.41 11.52 * 12.49 11.52 7.70 6.177 11.52 8.93 * 9.22 6.93 5.713 5.76 8.92 7.37 6.23 5.285 8.93 6.55 * 5.90* 4.888 00 4.46 6.55 5.90 4.522 6.56 5.91 4.462 * Lopez acquired a building on June 1, 2014, for $44,654,200. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. a. Calculate Lopez's cost recovery deduction for 2019 if the building is classified as residential rental real estate. b. Calculate Lopez's cost recovery deduction for 2019 if the building is classified as nonresidential real estate. On March 25, 2019, Parscale Company purchases the rights to a mineral interest for $8,981,000. At that time, the remaining recoverable units in the mineral interest are estimated to be 619,700 tons. If required, round any division to two decimal places and use in subsequent computations. Round your final answer to the nearest dollar. If 80,000 tons are mined and 75,000 tons are sold this year, calculate Parscale's cost depletion for 2019. On October 1, 2019, Priscilla purchased a business. Of the purchase price, $106,000 is allocated to a patent and $636,000 to goodwill. If required, round your intermediate values to nearest dollar and use in subsequent computations. Calculate Priscilla's 2019 $ 197 amortization deduction