Venico Corporation sold the following assets in 2021 (Click the icon to view the data.). (Click the icon to view the MACRS half-year convention rates.) (Click the icon to view the MACRS straight-line rates for 39-year property.) (Click the icon to view the Luxury Automobile Depreciation Limits) Requirements a. What is the depreciation deduction for each asset in 20212 b. Compute the gain or loss on each asset sold. Data table Dote Acquired Original Depreciation Recovery Cost Cost-Recovery Period Date Sold Basis Method (Years) Sales Price Automobile Equipment Bulding (nonresidental) 1/1/18 1/6/18 12/1/21 $ 8,000 MACRS 9/1/21 14,000 MACRS 5 $ 1.800 7 7,500 4/1/11 12/10/21 325,000 MACRS 39 300,000 Requirement a. What is the depreciation deduction for each asset in 2021? (Do not round Asset Automobile 2021 Depreciation The hall-year convention was used in the year of acquisition. Venice did not claim Sec. 179 expense or bonus depreciation during the acquistion years. Equipment Building Total Print Done - X