Problem 3-4 Modified Accelerated Cost Recovery System (MACRS) (LO 8. 2) On July 3, 2020, Holly purchased a residential apartment building. The cost basis assigned to the building is $750,000. Holly also owns another residential apartment building that she purchased on November 15, 2020, with a cost basis of $410,000 Click here to access the depreciation tables. Round your answers to the nearest dollar. a. Calcite Holly's total depreciation duction for the apartments for 2020 using MACRS 253,094 X MACRS Overs who sito we offer avere con in the toward to use in acest method to depreciation of other than a The murber of years over which the content may be deducted (the very beradi depends on the type of the party and the year in the property was red The color de estacions and nations URG MCR the single which courth year the recovered to the was not even Straight-Line Depreciation for Real Property Assuming Mid-Month Convention 27.5-Year Residential Real Property The applicable annual percentage is (use the column for the month in the first year the property is placed in service: TO 11 12 1 3.182 3.636 2-18 19-27 20 3.485 3,636 3,037 1.970 0.000 2.879 3.636 3637 3.67 2576 3,636 3,637 2.879 0.000 2.273 3,636 3.637 3.182 0.000 1.970 3.636 3.637 3,485 0,000 1.667 3.636 3.637 3.636 0.152 1364 3.636 3.637 3636 0.455 1.061 3.636 3637 3.636 0.750 0.758 3.636 3.637 3.636 1.062 0.455 3.636 1637 3.636 1364 0.152 3.636 3.637 3.636 1 667 29 2.273 0.000 2.526 0.000 39 Year Nonresidential Real Property The applicable anal percene is use the column for the month in the first year the property is placed in services 0.10 3564 11 1 2.161 2013 1.619 1.00 1217 0903 0749 0.55 02121 2.564 2564 2.364 10 0.100 0.221 0.00 The officiales contain a separate te for Forse or presentation contain yrars or power in the In some cancel this will produce a difference of concom is the officielle