Fox Realty purchased a residential property for $1,500,000 and allocated the purchase price to land and building in the amounts of $350,000 and $1,150,000, respectively. Fox Realty obtain the certificate of occupancy and placed the property in Service on June 1st. What is the amount of depreciation expense Fox Realty will deduct in year one (rounded) A. $20,909. B. $15,972. C. $29,545. D. $16,730. E. $22,650

please show calculations as well thank you