Lopez acquired a building on June 1, 2010, for $4,123,700. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential.

Click here to access thedepreciation tableto use for this problem.

If required, round your answers to the nearest dollar.

a.If the building is classified as residential rental real estate, Lopezs cost recovery deduction is $______for 2015.

b.If the building is classified as nonresidential real estate, Lopezs cost recovery deduction is $______for 2015.

Please give a descriptive answer explaining each step.