eBook Learning Objective $7$ Question Content Area Exercise $4-6($Algorithmic$)($LO$.7)$ On June $1,2019,$ Lopez acquired and placed in service a building with a cost of $$16,380,700.$ Compute the depreciation deduction assuming the building is classified as $($a$)$ residential and $($b$)$ nonresidential. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. a$.$Calculate Lopez's cost recovery deduction for $2024$ if the building is classified as residential rental real estate. $fill in the blank $1$ b$.$Calculate Lopez's cost recovery deduction for $2024$ if the building is classified as nonresidential real estate. $fill in the blank $2$