Problem 8-7 Modified Accelerated Cost Recovery System (MACRS) (LO 8.2) Calculate the following: Click here to access the various depreciation tables. If required, round your final answers to the nearest dollar. If your answer is zero, enter "o a. The first year of depreciation on a office buliding that cost $250,000 purchased June 2,2021. 5,925 Feedback CheckMy Work b. The second year (2022) of depreciatiqh on a computer that cost $5,000 purchased in May 2021 , using the half-year convention and accelerated depreciation considering any bonus depreciation taken. $ Feodback Check My Work c. The first year of depreciation on a computer costing $2,800 purchased in May 2021 , using the half-year convention and straight-line depreclation with no bonus depreciation. \[ 5 \longdiv { 2 8 0 } \checkmark \] TABLE 8.2 ACCELERATED DEPRECIATION FOR PERSONAL PROPERTY ASSUMING HALF-YEAR CONVENTION (FOR PROPERTY PLACED IN SERVICE AFTER *The official table contains a separate row for each year. For ease of presentation, certain years are grouped tgether in this table. In some instances, this will cause a difference of 0.01 percent for the last digit when compared with the official table. 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); 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): - 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 0.001 percent when compared with the official tables