During 2015, Palo Fiero purchases the following property for use in his calendar year-end manufacturing business:
Item Date Acquired Cost
Manufacturing equipment ............ June 2 ............................ $ 37,000
Office furniture ......................... September 15 .................. 4,500
Office computer ......................... November 18 .................. 3,800
Passenger automobile (used
90 percent for business) ............... May 31 ......................... 37,500
Warehouse .............................. April 23
Building .................................................................... 170,000
Land ........................................................................ 135,000
Palo uses the accelerated depreciation method under MACRS, if available, and does not make the election to expense or take bonus depreciation. Use Form 4562 on Pages 7-39 and 7-40 to report Palo's depreciation expense for 2015?