Chaper Ten Homework 80 Dequired information On November t0 of year 1 Jevie punch

Question

Chaper Ten Homework 80 Dequired information On November t0 of year 1 Jevie punchased a bulding including the land it was on to essemible his new esupemem The panchase was $1200000 5300000 was allocated to the banis of the bulding (Use MACRS Jebte.1. Ible 2. Jable J. Jable 4 and Table 5) (De net eu intermediatse cakculations Round your answer to the nesnest whole dolilar amount c. Answer the question in part jel encepe aume the building was purchesed and placed in service on March 3 nstead of Novenmber be pe here to search

Explanation / Answer

Year Method Date Recovery Period Orignal Basis Rate Dep 1 Straight Line 39 March 3 $ 900000 2.033% $ 18297 2 $ 900000 2.564% $ 23076 $ 900000 2.564% $ 23076

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