Problem -4 Modfied Accelerated Cost Recovery System (MACRS) LO 8.2) On April 8, 2018, Holly purchased a residentiel apartment building. The cost besis asigned to the bulding is se00,000. Holy alse owns ahother residential apartment buldng that she purchased on November 15, 2018, with cost basis of $500,000. Click here to access the depreciation tables a. Calculate Holly's total deprecation deduction for the apertments for 201 uning HACRS Fenback Che My Work b. Calculste Holy's total deprecation deduction for the apertments for 2019 using MACRS Feedback TABLE 8.5 Straight-Line Depreciation for Real Property Assuming Mid-Month Convention 27.5-Year Residential Real Property The applicable annual percentage is (use the column for the month in the first year the property is placed in service): Recovery Year(s) 2. 10 I1 12 3.485 3.182 2.879 2.576 2.273 1.970 1667 1.364 0.758 1.061 0.455 0.152 2-18 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 19-27 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.637 3.637 28 1.970 2.273 2.576 2.879 3.182 3.485 3.636 3.636 3.636 3.636 3.636 3.636 29 0.000 0.000 0.000 0.000 0.000 0.000 0.152 0.455 0.758 1.061 1.364 1.667 39-Year Nonresidential Real Property The applicable annual percentage is (use the column for the month in the first year the property is placed in service): Recovery Year(s) 10 11 12 2.461 2.247 2.033 1.819 1.605 1.391 1177 0.963 0.749 0.535 0321 0.107 2-39 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 40 0.107 0.321 0.535 0.749 0.963 1177 1.391 1.605 1819 2.033 2.247 2.461 *The official tables contain a separate row for each year For ease of presentation, certain years are grouped together in these two tables. In some instances, this will produce a difference of 001 percent when compared with the ofticial tables