Last year, a corporation purchased an office building for $190,000. The building's salvage value was estimated to be $50,000. Ignore bonus depreciation and Section 179. The corporation's current year depreciation deduction for the building is:

$3,590

$4,872

$5,641

$6,909

Henry Hoover operates a freight line which delivers a substantial number of boats made by Walter Company. During 2014, Henry made a loan of $45,000 to Walter Company in order to maintain their business relationship. Walter Company went bankrupt in 2014 and did not repay Henry's loan. Henry is entitled to which of the following in 2014?

$0

$3,000 STCL

$27,000 LTCL

$45,000 ordinary loss