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Check my work 5 n April 2018, Lenape Corporation completed security, fire, and heating system improvements to existing nonresidential real property with a total cost of $1,275,000. Assuming these improvements are 39-year recovery property and qualify for the Section 179 deduction, calculate Lenape's total cost recovery on the improvements for 2018. Use Table 7-4. (Round your intermediate calculations to the nearest whole dollar amount. Enter the MACRS percentage in decimals. (i.e.12.34 should be entered as 0.1234).) 0.83 points eBook Print References Total cost of qualifying improvements Section 179 election/2018 dollar amount Tax basis recoverable through MACRS First-year MACRS percentage First-year MACRS depreciation Total cost recovery Check my work 5 n April 2018, Lenape Corporation completed security, fire, and heating system improvements to existing nonresidential real property with a total cost of $1,275,000. Assuming these improvements are 39-year recovery property and qualify for the Section 179 deduction, calculate Lenape's total cost recovery on the improvements for 2018. Use Table 7-4. (Round your intermediate calculations to the nearest whole dollar amount. Enter the MACRS percentage in decimals. (i.e.12.34 should be entered as 0.1234).) 0.83 points eBook Print References Total cost of qualifying improvements Section 179 election/2018 dollar amount Tax basis recoverable through MACRS First-year MACRS percentage First-year MACRS depreciation Total cost recovery