Kindly help me explain the Item No.7 regarding the depreciation in this Problem 2. I am having difficulties to get the depreciation amount $12957 as shown in the answer. Thank you so much.

Below is the question

7. As Lucys sole heir, Nell inherited her home and its furnishings (located at 1420 Chickadee lane, Topeka, KS 66546). The costs and values involved arc as follows:

Cost Basis FMV on 2/13/16

Lot $10,000 $30,000

House $110,000 $250,000

Furnishings $55,000 $25,000

Because the real estate market was depressed and the home was located in an attractive rental area, Neil decided not to sell. Instead, he rented the property fully furnished on May 1, 2016. The terms of the lease (executed on April 30) provide for the following: one-year lease at $2,500 per month (payable on the first of each month), last months rent payable in advance, and damage deposit of $3,000. In total, Neil received $25,500 from the tenants in 2016 for their use of the property.

Besides depreciation, his expenses were:

Property taxes $4,800

Insurance $3,900

Repairs $2,100

Real estate renters location service $400 For MACRS depreciation purposes, Neil plans to use the straight-line method with the mid-month convention to compute the deduction for the realty and the 200% declining-balance method with a half-year convention for the personality.