Required information (The following information applies to the questions displayed below.] On May 17 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 $1,142,000; $342,000 was allocated to the basis of the land and the remaining $800,000 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.) hased and placed in e. What would be the depreciation for 2020, 2021, and 2022 if the property were nonresidential property service May 17, 2003 (assume the same original basis)? Year Depreciation deduction 2020 12,840 2021 $ 20,512 20,512 2022 $