46. At the beginning of the year, Poplock began a calendar-year dog boarding business called Griff’s Palace. Poplock bought and placed in service the following assets during the year:

Asset Date Acquired Cost Basis Computer equipment 3/23 $ 5,000 Dog-grooming furniture 5/12 7,000 Pickup truck 9/17 10,000 Commercial building 10/11 270,000 Land (one acre) 10/11 80,000 Assuming Poplock does not elect §179 expensing and elects not to use bonus depreciation, answer the following questions:

a. What is Poplock’s year 1 depreciation deduction for each asset?

b. What is Poplock’s year 2 depreciation deduction for each asset?