Tampa Corporation sold the following assets in 2015:

a. What is the depreciation deduction for each asset in 2015?
b. Compute the gain or loss on each asset sold.

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Date Date Original Cost Depreciation/Cost-Recovery Recovery Period Sales Price Acquired Sold Basis 1/1/12 1215 9,000 16/129/1/153 20,000 4/1/05 1210/15100,000 Method (Years) Automobile MACRS s 1,200 Equipment MACRS 9,500 Building (nonresidental) 12/1015 100,000 MACRS 39 240,000