Kaskar Company, a calendar year taxpayer, paid $3,350,000 for a residential apartment complex and allocated $350,000 of the cost to the land and $3,000,000 of the cost to the building. Kaskar placed the realty in service on September 29. Compute the first year depreciation for the residential apartment complex. (Hint: the recovery-period for residential commercial property is 27.5 years and midmonth convention should be used.) $31,818 O $35,544 $22,470 None of the above