Refer to the facts in Problem 40 and assume the property purchased is nonresidential rental property. Compute MACRS depreciation on the property for 2019 and 2020, assuming the property is not qualified leasehold improvement, retail improvement or restaurant property.

Problem 40

LCD Corporation purchased residential real property for $385,000 (exclusive of land cost) and placed it in service on August 16, 2019. Compute MACRS depreciation on the property for 2019 and 2020.