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.) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Problem 10-51 Part d (Algo)

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

c. Assume the building was purchased and placed in service on May 6 instead of July 18. Using MACRS, what is Javiers depreciation deduction on the building for years 1 through 3?

b. What would be the year 3 depreciation deduction if the building was sold on October 12 of year 3?