Question 2 of 2 > 2.67/8 A permanent steel building used for the overhaul of dewatering systems (engines, pumps, and wellpoints) is placed in service on July 10 by a calendar-year taxpayer for $300,000. It is sold almost 5 years later on May 15. Click here to access the MACRS-GDS Property Classes Parta Your answer is correct. What is the MACRS-GDS property class? 39-Year Property Attempts: 3 of 3 used Part b Your answer is incorrect. Determine the depreciation deduction during each of the years involved. EOY Depreciation Deduction 0 1 5 2 5 3 5 5