Juan acquires a new 5-year class asset on March 14, 2021, for $200,000. This is the only asset Juan acquired during the year. He does not elect immediate expensing under $ 179. He does not claim any available additional first-year depreciation. On July 15, 2022, Juan sells the asset. Click here to access depreciation table to use for this problem. a. Determine Juan's cost recovery for 2021. b. Determine Juan's cost recovery for 2022. $ Lopez acquired a building on June 1, 2016, for $6,430,900. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. a. Calculate Lopez's cost recovery deduction for 2021 if the building is classified as residential rental real estate. $ b. Calculate Lopez's cost recovery deduction for 2021 if the building is classified as nonresidential real estate. $ Juan acquires a new 5-year class asset on March 14, 2021, for $200,000. This is the only asset Juan acquired during the year. He does not elect immediate expensing under $ 179. He does not claim any available additional first-year depreciation. On July 15, 2022, Juan sells the asset. Click here to access depreciation table to use for this problem. a. Determine Juan's cost recovery for 2021. b. Determine Juan's cost recovery for 2022. $ Lopez acquired a building on June 1, 2016, for $6,430,900. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. a. Calculate Lopez's cost recovery deduction for 2021 if the building is classified as residential rental real estate. $ b. Calculate Lopez's cost recovery deduction for 2021 if the building is classified as nonresidential real estate. $