MACRS (LO. 6) Refer to the MACRS Depreciation Tables to answer the following questions. For each asset, select from the dropdown list the correct IRS table and applicable convention. Then, enter the recovery period. Note: Of all the assets listed, none were placed in service in the first quarter. And, 40% or less of the total assets were placed into service during the last quarter of the year. IRS Table Applicable Convention Recovery Period (Years) Helicopter A10-2 mid-year 5 b 68-unit apartment building A10-7 mid-month 15 C. The new Wings Field baseball stadium in Buffalo A10-9 mid-month 15 d. Automobile A10-27 mid-year 5 Commercial office building A10-9 mid-month 15 f. Farm equipment storage building A10-2 X mid-year 7