Richmond Corporation uses the calendar year as its tax year. It purchases and places into service $1.5 million of property during 2019 to use in its business:

	Placed into service	Cost	Recovery Period
Apartment building*	May 1	$ 460,000	27.5 years
Office furniture	June 23	$ 630,000	7 years
Office machinery	October 15	$ 410,000	5 years

What is Richmond's total depreciation deduction for 2019 in each of the following circumstances? Assume that Richmond elects out of bonus depreciation.

a. Richmond does not claim Sec. 179 expensing.

b. Richmond claims Sec. 179 expensing for $630,000 of the office furniture's cost and $390,000 for the office machinery's cost.

c. Richmond claims Sec. 179 expensing for $610,000 of the office furniture's cost and $410,000 of the office machinery's cost.

MACRS half-year convention rates

MACRS straight-line rates for 27.5-year property

MACRS mid-quarter convention rates for property placed in service in the second quarter

MACRS mid-quarter convention rates for property placed in service in the fourth quarter