Mr. Jones owns a fully equipped office building. Mr. Smith owns the office equipment in the building, which he leases to Mr. Jones on a 2-year lease contract. Mrs. Doe leases the building from Mr. Jones and pays rent annually. Who recognizes the depreciation of the building leased by Mrs. Doe?

• plit one-third for Mr. Smith and two-thirds for Mr. Jones

• Split equally between Mr. Jones and Mr. Smith

• Mr. Smith

• Mr. Jones

• Mrs. Doe