Ryland Company, a calendar year taxpayer, purchased commercial realty for $2 million and allocated $200,000 cost to the land and $1.8 million cost to the building. Ryland placed the real estate in service on May 21. Use Table 7-3 and Table 7-4. Required: a. Compute Ryland's MACRS depreciation with respect to the realty for the year of purchase. b. Compute the MACRS depreciation, if Ryland placed the realty in service on September 2 instead of May 21. c. Compute the MACRS depreciation, if the building was a residential apartment complex instead of a commercial office, which was placed in service on May 21. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the MACRS depreciation, if Ryland placed the realty in service on September 2 instead of May 21. Note: Enter your answer in dollars and not in millions of dollars. MACRS depreciation Ryland Company, a calendar year taxpayer, purchased commercial realty for $2 million and allocated $200,000 cost to the land and $1.8 million cost to the building. Ryland placed the real estate in service on May 21. Use Table 7-3 and Table 7-4. Required: a. Compute Ryland's MACRS depreciation with respect to the realty for the year of purchase. b. Compute the MACRS depreciation, if Ryland placed the realty in service on September 2 instead of May 21. c. Compute the MACRS depreciation, if the building was a residential apartment complex instead of a commercial office, which was placed in service on May 21. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the MACRS depreciation, if the building was a residential apartment complex instead of a commercial office, which was placed in service on May 21. Note: Enter your answer in dollars and not in millions of dollars. MACRS depreciation TABLE 7.3 MACRS for Residential Real Property (27.5-year property) Month Placed in Service Year 1 2 3 4 5 6 7 8 9 10 11 12 Depreciation Rate 1 3.485% 3.182% 2.879% 2.576% 2.273% 1.970% 1.667% 1.364% 1.061% 0.758% 0.455% 0.152% 2-27 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 28 1.970 2.273 2.576 2.879 3.182 3.458 3.636 3.636 3.636 3.636 3.636 3.636 29 0.000 0.000 0.000 0.000 0.000 0.000 0.152 0.455 0.758 1.061 1.364 1.667Ryland Company, a calendar year taxpayer, purchased commercial realty for $2 million and allocated $200,000 cost to the land and $1.8 million cost to the building. Ryland placed the real estate in service on May 21. Use Table 7-3 and Table 7-4. Required: a. Compute Ryland's MACRS depreciation with respect to the realty for the year of purchase. b. Compute the MACRS depreciation, if Ryland placed the realty in service on September 2 instead of May 21. c. Compute the MACRS depreciation, if the building was a residential apartment complex instead of a commercial office, which was placed in service on May 21. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute Ryland's MACRS depreciation with respect to the realty for the year of purchase. Note: Enter your answer in dollars and not in millions of dollars. MACRS depreciation