please put notes/explanation for question b. thanks!

s!

additional informations

Sanford Corporation uses the calendar year as its tax year. It purchases and places into service $1.75 million of property during 2019 to use in its business: (Click the icon to view the assets.) Read the requirements (Click the icon to view the MACRS half-year convention rates.) (Click the icon to view the MACRS straight-line rates for 27.5-year property.) (Click the icon to view the MACRS mid-quarter convention rates for property placed in service in the second quarter.) (Click the icon to view the MACRS mid-quarter convention rates for property placed in service in the fourth quarter.) a. What is Sanford's total depreciation deduction for 2019 if Sanford elects out of bonus depreciation and does not claim Sec. 179 expensing? (Use MACRS rates to three decimal places, X.XXX%. Round the MACRS depreciation to the nearest dollar.) 2019 Depreciation Office Furniture $ 100,030 Office Machinery 80,000 12,047 Building $ Total 2019 depreciation 192,077 Enter any number in the edit fields and then click Check Answer. b. What is Sanford's total depreciation deduction for 2019 if Sanford elects out of bonus depreciation and Sanford claims Sec. 179 expensing for $700,000 of the office furniture's cost and $320,000 of the office machinery's cost. (Use MACRS rates to three decimal places, X.XXX%. Round all amounts to the nearest dollar. Complete all input fields. Enter a "0" if no depreciation is allowed or if no Sec 179 expense is taken.) Total for all Furniture Machinery Building Assets Sec. 179 expensing MACRS depreciation Total 2019 depreciation Enter any number in the edit fields and then click Check Answer. General Depreciation System--MACRS Personal Property Placed in Service After 12/31/86 Applicable Convention: Half-Year Applicable Depreciation Method: 200 or 150 Percent Declining Balance Switching to Straight Line Recovery period and Depreciation Rates Recovery Year 3-Year 5-Year 7-Year 10-Year 15-Year 20-Year Year 1 33.33 20.00 14.29 10.00 5.00 3.750 Year 2 44.45 32.00 24.49 18.00 9.50 7.219 Year 3 14.81 19.20 17.49 14.40 8.55 6,677 Year 4 7.41 11.52 12.49 11.52 7.70 6.177 Year 5 11.52 8.93 9.22 6.93 5.713 Year 6 5.76 8.92 7.37 6.23 5.285 Year 7 8.93 6.55 5.90 4.888 Year 8 4.46 6.55 5.90 4.522 Year 9 6.56 5.91 4.462 Year 10 6.55 5.90 4.461 Year 11 3.28 5.91 4.462 Year 12 5.90 4.461 Year 13 5.91 4.462 Year 14 5.90 4.461 Year 15 5.91 4.462 Year 16 2.95 4.461 Year 17 4.462 Year 18 4.461 Year 19 4.462 Year 20 4.461 Year 21 2.231 General Depreciation System-MACRS Personal Property Placed in Service After 12/31/86 Applicable Convention: Mid-Quarter (Property Placed in Service in Second Quarter) Applicable Depreciation Method: 200 or 150 Percent Declining Balance Switching to Straight Line Recovery period and Depreciation Rates Recovery Year 3-Year 5-Year 7-Year 10-Year 15-Year 20-Year Year 1 41.67 25.00 17.85 12.50 6.25 4.688 Year 2 38.89 30.00 23.47 17.50 9.38 7.148 Year 3 14.14 18.00 16.76 14.00 8.44 6.612 Year 4 5.30 11.37 11.97 11.20 7.59 6.116 Year 5 11.37 8.87 8.96 6.83 5.658 Year 6 4.26 8.87 7.17 6.15 5.233 Year 7 8.87 6.55 5.91 4.841 Year 8 3.33 6.55 5.90 4.478 Year 9 6.56 5.91 4.463 Year 10 6.55 5.90 4.463 Year 11 2.46 5.91 4.463 Year 12 5.90 4.463 Year 13 5.91 4.463 Year 14 5.90 4.463 Year 15 5.91 4.462 Year 16 2.21 4.463 Year 17 4.462 Year 18 4.463 Year 19 4.462 Year 20 4.463 Year 21 1.673 General Depreciation System-MACRS Personal Property Placed in Service After 12/31/86 Applicable Convention: Mid-Quarter (Property Placed in Service in Fourth Quarter) Applicable Depreciation Method: 200 or 150 Percent Declining Balance Switching to Straight Line Recovery period and Depreciation Rates Recovery Year 3-Year 5-Year 7-Year 10-Year 15-Year 20-Year Year 1 8.33 5.00 3.57 2.50 1.25 0.938 Year 2 61.11 38.00 27.55 19.50 9.88 7.430 Year 3 20.37 22.80 19.68 15.60 8.89 6.872 Year 4 10.19 13.68 14.06 12.48 8.00 6.357 Year 5 10.94 10.04 9.98 7.20 5.880 Year 6 9.58 8.73 7.99 6.48 5.439 Year 7 8.73 6.55 5.90 5.031 Year 8 7.64 6.55 5.90 4.654 Year 9 6.56 5.90 4.458 Year 10 6.55 5.91 4.458 Year 11 5.74 5.90 4.458 Year 12 5.91 4.458 Year 13 5.90 4.458 Year 14 5.91 4.458 Year 15 5.90 4.458 Year 16 5.17 4.458 Year 17 4.458 Year 18 4.459 Year 19 4.458 Year 20 4.459 Year 21 3.901