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Required information [The following information applies to the questions displayed below.] On February 26 of year 1 , Javier purchased a building. including the land

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Required information [The following information applies to the questions displayed below.] On February 26 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 $1,406,000;$371,000 was allocated to the basis of the land and the remaining $1,035,000 was allocated to the basis of the bullding. (Use MACRS Table 1. Table 2. Table 3, Table 4 and Iable 5.) Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount. a. Using MACRS, what is Javler's depreciation deduction on the building for years 1 through 3 ? Required information [The following information applies to the questions displayed below.] On February 26 of year 1. Javier purchased a bullding, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,406,000;$371,000 was allocated to the basis of the land and the remaining $1,035,000 was allocated to the basis of the bulding. (Use MACRS Iable 1. Iable 2. Table 3. Table 4 and Table 5.) Note: Do not round intermediate colculations. Round your answers to the nearest whole dollar amount. b. What would be the year 3 depreciation deduction if the bullding was sold on December 15 of year 3 ? Required information [The following information applies to the questions displayed below.] On February 26 of year 1 . Javier purchased a bullding, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,406,000;$371,000 was allocated to the basis of the land and the remaining $1,035,000 was allocated to the basis of the bullding. (Use MACRS Table 1, Table 2. Table 3. Table 4 and Table 5.) Note: Do not round intermediate colculotions. Round your answers to the nearest whole dollar amount. c. Assume the bullding was purchased and placed in service on January 22 instead of February 26. Using MACRS, what is Javier's depreciation deduction on the bullding for years 1 through 3

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