John purchases residential rental property on June 30, 2015 for a cost of $290,000. Of this amount, $140,000 is allocable to the cost of the home and the remaining $150,000 is allocable to the cost of the land. What is John's maximum depreciation deduction for 2015? a. $2,758 b. $1,485 c. $1,061 d. $370 e. None of the above