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Required information [The following information applies to the questions displayed below) On December 2 of year 1, Javier purchased a building, including the land it

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Required information [The following information applies to the questions displayed below) On December 2 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 $1.620,000; $385,000 was allocated to the basis of the land and the remaining $1,235,000 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.) e. What would be the depreciation for 2020 2021, and 2022 if the property were nonresidential property purchased and placed in service December 2, 2003 (assume the same original basis)? Answer is complete but not entirely correct. Year Depreciation deduction 2020 S 1.321 > 2021 $ 44,9053 2022 $ 44 906 03

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