On January 8 of year 1. Javler purchased a building, including the land it was on, to assemble his new equipment The total cost of the purchase was $1.399,500 $322,000 was allocated to the basis of the land and the remaining $1,077,500 was allocated to the basis of the building (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round intermediate calculations, Round your answers to the nearest whole dollar amount.) a. Using MACRS, what is Javier's 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 26 of year 3? Year 3 depreciation deduction c. Assume the building was purchased and placed in service on October 28 instead of January 8. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? Year Depreciation deduction 1 2 3 d. Assume the building is residential property. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3? Year Depreciation deduction 1 2 3 e. What would be the depreciation for 2020 2021 and 2022 if the property were nonresidential property purchased and placed in service January 8, 2003 (assume the same original basis)? Year Depreciation deduction 2020 2021 2022