O HOMEWORK ASSIGNMENT $($i$)$

Pelwunch to updste :

$1$

Required information

$[$The following information applies to the questions displayed below.$]$

Carl purchased an apartment complex for $$3\mathrm{.}4$ million on March $17$ of year $1.$ of the purchase price, $$1,450,000$ was attributable to the land the complex sits on$.$ He also installed new furniture into half of the units at a cost of $$83,000.($Use MACRS Table $1,$ Table $2.$ Table $3.$ Table $4$ and Table $5.)$

Note: Enter your answers in dollars and not in millions of dollars.

a$.$ What is Carl's allowable depreciation deduction for his real property for years $1$ and $2?$ Note: Round your final answers to the nearest whole dollar amount.

$\backslash$table$[[,\backslash$table$[[$Depreciation$],[$Deduction$]]],[$Year $1,],[$Year $2,$$$,70,902$