In 2016, Jos purchased a house for $243,700. He used the house as his personal residence. In July 2019, when the fair market value of the house was $307,900, he converted the house to rental property.

a. Jos's basis for cost recovery for the property is $ 243,700 . b. Under MACRS, the cost recovery period for residential rental real estate is 27.5 years, and it is subject to the mid-month convention. c. The cost recovery for 2019 is $ X