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on April 8, 2016, Holly purchased a residential apartment building. The cost basis assigned to the building is $199,000. Holly also owns another residential apartment

on April 8, 2016, Holly purchased a residential apartment building. The cost basis assigned to the building is $199,000. Holly also owns another residential apartment building that she purchased on June 15, 2016, with a cost basis of $200,000.

Click here to access thedepreciation tables.

If required, round intermediate calculations and final answers to nearest dollar.

a.Calculate Holly's total depreciation deduction for the apartments for 2016 using MACRS.

$

b.Calculate Holly's total depreciation deduction for the apartments for 2017 using MACRS.

$

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