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Problem 6-45 (LO 6-3) Rueben acquires a warehouse on September 1, 2020, for $4 2 million On March 1, 2024, he sells the warehouse (Use
Problem 6-45 (LO 6-3) Rueben acquires a warehouse on September 1, 2020, for $4 2 million On March 1, 2024, he sells the warehouse (Use Table 6A 8) Required: Determine Rueben's cost recovery for 2020-2024 (Do not round intermediate computations. Round your final answers to 2 decimal places. Enter your answers in dollars and not in millions of dollars.) Rueben's Cost Recovery 2020 2021 2022 2023 2024 on System: Straight-Line; Applicable Recovery Period: 39 Years; Mid-Month Convention 1 2.461 2.564 0.107 2 2.247 2.564 0.321 Month in the First Recovery Year the Property is placed in Service 3 4 5 6 7 8 2.033 1.819 1.605 1.391 1.177 1963 2.564 2.564 2.564 2.564 2.564 2.564 0.535 0.749 0.963 1.177 1.391 1.605 9 .749 2.564 1.819 10 .535 2.564 2.033 2 2
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