Please answer parts a and b.

Table 1 MACRS Half-Year Convention Year 1 Year 2 Year 3 Year 4 20-Year 3.750% 7.219 6.677 6.177 5.713 5.285 4.888 8.93 Depreciation Rate for Recovery Period 3-Year 5-Year 7-Year 10-Year 15-Year 33.33% 20.00% 14.29% 10.00% 5.00% 44.45 32.00 24.49 18.00 9.50 14.81 19.20 17.49 14.40 8.55 7.41 11.52 12.49 11.52 7.70 11.52 9.22 6.93 5.76 8.92 7.37 6.23 8.93 6.55 5.90 4.46 6.55 5.90 6.56 5.91 6.55 5.90 3.28 5.91 5.90 5.91 5.90 5.91 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 4.522 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 2.95 4.461 4.462 4.461 2.231 TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 35.00% 25.00% Year 2 26.00 21.43 Year 3 15.60 15.31 Year 4 11.01 10.93 Year 5 11.01 8.75 Year 6 1.38 8.74 Year 7 8.75 Year 8 1.09 TABLE 25 MACRS Mid-Quarter Convention: For property placed in service during the second quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 25.00% 17.85% Year 2 30.00 2347 Year 3 18.00 16.76 Year 4 11.37 11.97 Year 5 11.37 Year 6 4.26 8.87 Year 7 8.87 Year 8 3.34 8.87 TABLE 26 MACRS Mid-Quarter Convention: For property placed in service during the third quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 15.00% 10.71% Year 2 34.00 25.51 Year 3 20.40 18.22 Year 4 12.24 13.02 Year 5 11.30 930 40.00 17.85% Year 2 30.00 23.47 Year 3 18.00 16.76 Year 4 11.37 11.97 Year 5 11.37 8.87 Year 6 4.26 8.87 Year 7 8.87 Year 8 3.34 TABLE 24 MACRS Mid-Quarter Convention: For property placed in service during the third quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 15.00% 10.71% Year 2 34.00 25.51 Year 3 20.40 18.22 Year 4 12.24 13.02 Year 5 11.30 9.30 Year 6 7.06 8.85 Year 7 8.86 Year 8 5.53 TABLE 28 MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter Depreciation Rate for Recovery Period 5-Year 7. Year Year 1 5.009 3.57% Year 2 38.00 27.55 Year 3 22.80 19.68 Year 4 13.68 14.06 Year 5 10.94 10.04 Year 6 9.58 8.73 Year 7 8.73 Year 8 7.64 3.636 TABLE 3 Residential Rental Property Mid-Month Convention Straight Line--27.5 Years Month Property Placed in Service Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Year 1 3.4859 3.1829 28799 2.576% 2.2739 1970% 1.667 Year 2.9 3.636 3.636 3.636 3636 3.636 3.636 3.636 Year 10 3.637 3.637 3,637 3.637 3.637 3,637 3.636 Year 11 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 12 3.637 3,637 3,637 3.637 3.632 3,637 3.636 Year 13 3.636 3.636 3.636 3.636 3.636 3.636 3,637 Year 14 3.637 3637 3.637 3637 3.637 3.637 3.636 Year 15 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 16 3.637 3.637 3.637 3.637 3,637 3.637 3.636 Year 17 3,636 3.636 3.636 3.636 3.636 3.636 3,637 Year 18 3,637 3.637 3,637 3,637 3.637 3636 Year 19 3.636 3.636 3.636 3.636 3.636 3,636 3.637 Year 20 3,637 3.637 3.637 3.637 3.637 3.637 3.636 Year 21 3.636 3.636 3.636 3.636 3.636 3.636 3,637 Year 22 3.637 3.637 3.637 3.632 3.637 3.637 3.636 Year 23 3.636 3.636 3,636 3.636 3.636 3.636 3.637 Year 24 3.637 3.637 3,637 3,637 3,637 3,637 3.636 Year 25 3.636 3.636 3.636 3.636 3636 3.636 3,637 Year 26 3.637 3.637 3637 3.637 3.637 3.637 3.636 Year 27 3.636 3.636 3636 3636 3.636 3.636 3.637 Year 28 1.97 2.273 2 576 2.879 3.182 3.485 3.636 Year 29 0.152 Month 8 1.364% 3.636 3,636 3.637 3,636 3.637 3.636 3.637 3.636 3,637 3.636 3.637 3.636 3.637 3.636 3.637 3.636 3,637 3.636 3,637 3.636 0.455 Month 9 Month 10 Month 11 Month 12 1.061% 0.758% 0455% 0.152% 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3636 3.636 3.636 3,636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.637 3.637 3,637 3.637 3,636 3.636 3,636 3.636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3637 3.637 3,637 3.637 3.636 3.636 3.636 3,636 3,637 3.637 3,637 3,637 3.636 3,636 3.636 3.636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3,636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 0.758 1.061 1.364 1.667 3.637 E 9 E E Month 3 25139 3.175 3.175 3.174 Month 1.190% 3.173 3.175 Month 2 2.7789 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 Year 1 Year 27 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22 Year 2 Year 24 Year 25 Year 24 Year 27 Year 2 Year 29 Year Year 31 Year33 Month 1 0.1973 3.175 3.175 3.174 3.175 3.174 3.175 3.174 Month 1 3.0429 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.125 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.125 3.174 3.175 3.174 3.175 3.174 1.720 SLIE 3.175 3.174 3.175 3.174 3.175 1.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 1.175 3.174 3.175 3.174 Month 4 2.249 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 1.175 3.174 3.125 3.174 3.175 3.174 1.125 1174 3.175 2513 Month Property Placed in Service Month Month Month 7 1984 1.720 14558 3.175 3.175 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 5.174 3.175 3.174 3.175 3.174 3.125 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.125 3.194 3.175 1.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.173 3.175 3.174 125 3174 3.175 1.174 3.175 3.174 3.175 3.175 3.174 3.125 3.174 3.175 1174 3.175 3174 1125 3.174 2.775 1042 3.175 0.132 Monch 10 0661% 3.125 3.175 3.125 3.174 3.175 1.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 174 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 1.175 3.174 3.15 3.174 3.175 3.174 3.175 3174 3125 Month 9 0.9366 3.175 3.175 3.194 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 1.174 1179 3.174 3.175 3:174 3.175 3.174 3175 3.174 3.175 3.174 3.195 NE 3.174 3.175 3.174 3.175 3.174 1175 1.194 3.195 3.174 Month 13 0132 3.175 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 1172 3.135 3.174 3.175 1.174 1175 1174 3175 3.174 3175 194 11 314 15 MIN 3.173 1114 1453 VIE 3.174 3.174 3.175 3.174 3.175 3.174 3.195 3.174 3.175 3.174 3.175 1.94 3.175 1174 3.175 1174 3.125 1174 3175 PIE 3.125 3.174 1.175 3.14 3.175 3.174 3.175 314 3.125 1190 NE 3.175 3175 3.174 3.175 3174 0.397 1:19 0.661 117 0.926 Year33 LADLES Nordial Real Property Mid-Month Convention Straight Line-39 Years (or assets placed in service on or after May 13, 1999) Month Property Placed in Service Month 1 Month 2 Month 3 Month 4 Months Month Month 7 Month Year! Mooth 2.4615 2.247% 2033% 1819 1.005 1.3919 1.1773 0.963 0.79 Year 19 2.564 22564 2564 2.566 2564 2564 2564 2364 Year 40 0.107 0.321 0.535 0.749 0.963 1.177 1.391 119 Month 11 0.125 Month 12 0.102 Month 10 0.535 2564 2011 1605 Required Information Problem 10-52 (LO 10-2) (Algo) The following information applies to the questions displayed below.) Carl purchased an apartment complex for $3.2 million on March 17 of year 1 of the purchase price, $1,350,000 was attributable to the land the complex sits on. He also installed new furniture into half of the units at a cost of $81,000. (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Enter your answers in dollars and not in millions of dollars.) Problem 10-52 Part a (Algo) 1 a. What is Carl's allowable depreciation deduction for his real property for years 1 and 2? (Round your final answers to the nearest whole dollar amount.) Depreciation Deduction Year 1 Year 2 Required information Problem 10-52 (LO 10-2) (Algo) [The following information applies to the questions displayed below.) Carl purchased an apartment complex for $3.2 million on March 17 of year 1 of the purchase price, $1,350,000 was attributable to the land the complex sits on. He also installed new furniture into half of the units at a cost of $81,000. (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Enter your answers in dollars and not in millions of dollars.) Problem 10-52 Part b (Algo) b. What is Carl's allowable depreciation deduction for year 3 if the real property is sold on January 2 of year 3? (Do not round intermediate computations. Round your final answer to the nearest whole dollar amount.) Depreciation for year 3