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YETE On July 17th, Micah purchased and placed into service a building that cost $2.25 million. An appraisal determined that 25% of the total cost

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YETE On July 17th, Micah purchased and placed into service a building that cost $2.25 million. An appraisal determined that 25% of the total cost was attributed to the value of the land. The bottom floor of the building is leased to a retail business for 533,000. The other floors of the building are rental apartments with an annual rent of $165,000. What is Micah's depreciation deduction for the year? Use the tables provided in class] 541,675 $28.131 $57,692 $43,269 10 QUESTION 3 ON SEPTEMBER IST, HELEN PURCHASED A $200,000 TRADEMARK FOR HER BUSINESS. THE TRADEMARK HAS AN ESTIMATED LIFE OF 20 YEARS WHAT IS HER AMORTIZATION EXPENSE? 513,333 $4.444 $3.333 $10,000

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