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. Use MACRS.

a. Using MACRS, what is Javiers depreciation deduction on the building for years 1 through 3?

Year	Depreciation Deduction
1
2
3

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

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 Deduction

1 2 3

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

Year . Depreciation Deduction

1 2 3

What would be the depreciation for 2018, 2019, and 2020 if the property were nonresidential property purchased and placed in service April 17, 2001 (assume the same original basis)?

Year . Depreciation Deduction

2018 2019 2020