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hen Required information [The following information applies to the questions displayed below] On November 27 of year 1, Javier purchased a building, including the land

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hen Required information [The following information applies to the questions displayed below] On November 27 of year 1, Javier purchased a building, including the land it was on, to assemble his new equipment The total cost of the purchase was $1,379,000 $314,000 was allocated to the basis of the land and the remaining $1,065,000 was allocated to the basis of the building (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 51(Do not round intermediate calculations, Round your answers to the nearest whole dollar amount.) d. Assume the building is residential property. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? Year Depreciation deduction 1 2. 3 os Required information [The following information applies to the questions displayed below) On November 27 of year 1, Javier purchased a building, including the land it was on, to assemble his new equipment The total cost of the purchase was $1,379,000 $314,000 was allocated to the basis of the land and the remaining $1,065,000 was allocated to the basis of the building. (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 57 (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) e. What would be the depreciation for 2020 2021, and 2022 if the property were nonresidential property purchased and placed in service November 27, 2003 (assume the same original basis)? wie Year Depreciation deduction 2020 2021 2022

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