On September 1, Year 1, Jimmy purchases and places into service a manufacturing plant costing $490,000 including $100,000 of land. What was Jimmy's MACRS deduction Year 1 ? 2,91710,0005,0002,500 On September 1, Year 1, Jimmy purchases and places into service a manufacturing plant costing $490,000 including $100,000 of land. What was Jimmy's MACRS deduction Year 1 ? 2,91710,0005,0002,500