On July 18 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 $1,595,500; $463,000 was allocated to the basis of the land and the remaining $1,132,500 was allocated to the basis of the building. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

d. Assume the building is residential property. Using MACRS, what is Javier's depreciation deduction on the building for years 1 through 3?

e. What would be the depreciation for 2023, 2024, and 2025 if the property were nonresidential property purchased and placed in service July 18, 2006 (assume the same original basis)?