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! Required information Problem 10-51 (LO 10-2) (Algo) [The following information applies to the questions displayed below.] On May 6 of year 1, Javier purchased
! Required information Problem 10-51 (LO 10-2) (Algo) [The following information applies to the questions displayed below.] On May 6 of year 1, Javier purchased a building, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,448,500; $306,000 was allocated to the basis of the land and the remaining $1,142,500 was allocated to the basis of the building. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Problem 10-51 Part e (Algo) e. What would be the depreciation for 2020 2021, and 2022 if the property were nonresidential property purchased and placed in service May 6, 2003 (assume the same original basis)? Year Depreciation deduction 2020 2021 2022
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