In April 2019, you purchased a home that you plan to rent out. The purchase price was $1,000,000, of which $800,000 is attributable to the building and the remainder to the land.. Use IRS Publication 946 (https://www.irs.gov/pub/irs-pdf/p946.pdf) to find the depreciation schedule, and please fill in this spreadsheet for all the depreciable years. At the end, show the totals to indicate that you have depreciated 100 percent of the propertys cost. Hint: See MC Property question 9

Depreciation 1 due 0117, 3 points

Purchase Price

$ 800,000

Annual Depreciation

Depreciation percentage

Annual depreciation

2019

2.576%

$ 20,608

2020

fill in below