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Jafice acquired an apvirtment buiding on June 4, 2022, for 51,600,000. The value of the land is $300,000. lanice sold the apartinkent buelding on November

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Jafice acquired an apvirtment buiding on June 4, 2022, for 51,600,000. The value of the land is $300,000. lanice sold the apartinkent buelding on November 29,2028, If required, round your answers to the nearest dollar. Click here to access the depreciation table to use for this problem. a. How is the property classified for MACRS? Peeiciential rental real eutate b. What is the life of the asset for MACRS? C. Determine Janice's cost recovery deduction for 2022 and 2028. 2022: 2028:6

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