Investors in the JMJ Group purchased a hotel resort in April. The group paid $20 million for the hotel resort and $5 million for the grounds surrounding the resort. The group sold the resort 5 years later in August. a. Calculate the depreciation deductions for years 1 through 6 using MARCS depreciation system. b. What was the book value at the time the resort was sold using MARCS.

Please show your wrok