Tom Tom fLC purchased a rental house and land during the current year for $154,000. The purchase price was allocated as follows: $102,000 to the building and $52,000 to the land. The property was placed in service

on May 22. Calculate Tom Tom's maximum depreciation for this first year. (Use MARS Table 3.) (Round final answer to the nearest whole number.)

multiple choice:

a) 1,637

b) 2,318

c) 2,472

d) 3,500

e) None of these of the choices are correct

MACRS TABLE3:

% E E E E $ E TABLE 3 Residential Rental Property Mid-Month Convention Straight Line 27.5 Years Month Property Placed in Service Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month Year 1 3.485% 3.1824 28799 2576% 22739 19709 166795 Year 2-9 3.636 3.636 3.636 3.636 3.636 3.636 3636 Year 10 3.637 3.637 3.637 3637 3.637 3.637 3.636 Year 11 3.636 3.636 3636 3.636 3.636 3.636 3637 Year 12 3.637 3637 3.637 3.637 3.637 3.637 3.636 Year 13 3.636 3636 3636 3.636 3.636 3.636 3637 Year 14 3.637 3.637 3.637 3637 3.637 3637 3.636 Year 15 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 16 3.637 3637 3.637 3.637 3637 3.637 3.636 Year 17 3636 3.636 3.636 3,636 3.636 3.636 3.637 Year 15 3637 3.637 3637 3637 3637 3637 3636 Year 19 3.636 3.636 3.636 3636 3.636 3636 3.637 Year 20 3.637 3.637 3.63% 3.637 3.637 3.637 3616 Year 21 3.636 3.636 3.616 3636 3636 3.636 3.637 Year 22 3637 3637 3637 3.617 361 3637 3636 Year 23 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 24 3637 3637 3.637 3.637 3.637 3636 Year 25 3.636 3636 3636 3636 3636 3.636 3.637 Year 26 3.637 3.637 3.637 3,637 3.637 3637 3.636 Year 27 3636 3.636 3.636 3.636 3.636 3.636 3.637 Year 28 197 2576 2.879 3.182 3485 3636 Year 29 0.152 Months 1361 3.636 3.636 3.637 3.636 3.637 3.636 3.637 3.636 3637 3.636 3.637 3636 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3636 0.455 Month 9 1.0619 3.636 3.636 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3636 3.637 3.636 3.637 3.636 Month 10 Month 11 Month 12 0.7589 0.455% 0.15296 3.636 3.636 3.636 3.636 3.636 3636 3.637 3.637 3.637 3 636 3.636 3.636 3637 3637 3.637 3.636 3.636 3.636 3.632 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3637 3.636 3.636 3636 3637 3.637 3.637 3.636 3636 3.636 3.637 3.637 3637 3636 3.636 3.636 3.637 3.63% 3.637 3.636 3636 3.636 3637 3637 3637 3.636 3.636 3.636 3.637 3.637 3.637 3.616 3636 3.636 1.061 1361 1667 E 3.636 3.637 3.636 3.637 3.636 0.758 99