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On March 18 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 $1,453,500; $396,000 was allocated to the basis of the land and the remaining $1,057,500 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 answer to the nearest whole dollar amount.)
a. Using MACRS, what is Javier’s depreciation expense on the building for years 1 through 3?
| Year | Depreciation Expense |
| 1 | ? |
| 2 | $27,114 |
| 3 | $27,114 |
b. What would be the year 3 depreciation expense if the building was sold on May 28 of year 3?
| Year 3 depreciation expense | ? |
c. Answer the question in part (a), except assume the building was purchased and placed in service on January 18 instead of March 18.
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e. What would be the depreciation for 2017, 2018, and 2019 if the property were nonresidential property purchased and placed in service March 14, 2000 (assume the same original basis)?
| Year | Depreciation Expense |
| 2017 | ? |
| 2018 | ? |
| 2019 | ? |
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