Ferrell Corporation uses the calendar year as its tax year. It purchases and places into service $1.65 million of property during 2017 to use in its business:

Placed into service Cost Recovery Period Apartment building* May 1 $550,000 27.5 years Office furniture** June 23 $690,000 7 years Office machinery** October 15 $410,000 5 years * $100,000 of the cost pertains to the land on which the apartment building is located. ** Ferrell purchased the office furniture and office machinery from another business that had been using them for a few years.

a. What is Hayden's total depreciation deduction for 2017 if Hayden does not claim Sec. 179 expensing or bonus depreciation. (Use MACRS rates to three decimal places, X.XXX%. Round the MACRS depreciation to the nearest dollar.) (GIVEN)

	2017 depreciation
Office furniture	98,601
Office machinery	82,000
Building	10,229
Total 2017 depreciation	190,830

b. What is Hayden's total depreciation deduction for 2017 if Hayden claims Sec. 179 expensing for $510,000 of the office furniture's cost. (Use MACRS rates to three decimal places, X.XXX%. Round all amounts to the nearest dollar. Complete all input cells. Enter a "0" if no depreciation is allowed or if no Sec 179 expense is taken.)

	Furniture	Machinery	Building	Total for all assets
Sec 179 expensing
MACRS depreciation
Total 2017 depreciation

c. What is Hayden's total depreciation deduction for 2017 if Hayden claims Sec. 179 expensing for $130,000 of the office furniture's cost and $380,000 of the office machinery's cost. (Use MACRS rates to three decimal places, X.XXX%. Round all amounts to the nearest dollar. Complete all input cells. Enter a "0" if no depreciation is allowed or if no Sec 179 expense is taken. )

	Furniture	Machinery	Building	Total for all assets
Sec 179 expensing
MACRS depreciation
Total 2017 depreciation