On April 17 of year 1 Javier purchased a building, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,533,000; $393,000 was allocated to the basis of the land and the remaining $1,140,000 was allocated to the basis of the building. (UseMACRSTable 1,Table 2,Table 3,Table 4andTable 5.)(Do not round intermediate calculations. Round your answer to the nearest dollar amount.)

a.Using MACRS, what is Javier's depreciation expense on the building foryears 1 through 3?

Year Depreciation expense

1 ?

2 ?

3 ?

b.What would be the year 3 depreciation expense if the building was sold on February 9 of year 3?

year 3 depreciation expense____?

c.Answer the question in part (a), except assume the building was purchased and placed in service on February 17 instead of April 17.

Year Depreciation Expense

1 ?

2 ?

3 ?

d.Answer the question in part (a), except assume that the building is residential property.

Year Depreciation Expense

1 ?

2 ?

3 ?

What would be the depreciation for 2014, 2015, and 2016 if the property were nonresidential property purchased and placed in service April 17, 1997 (assume the same original basis)?

Year Depreciation Expense

2014 ?

2015 ?

2016 ?