Problem $8-6($Algorithmic$)$

Modified Accelerated Cost Recovery System $($Macrs$)$ and Bonus Depreciation $($LO $8\mathrm{.}2)$

Click here to access the depreciation tables.

If required, round intermediate calculations and final answers to nearest dollar.

a$.$ Calculate holly's total deprediation deduction for the abartments for $2023$ using Macks and assuming she does not elect out of bonus depreciation.

$q,$

b$.$ Calculate Holly's total decresiation serfluction for the abartments for $2024$ using MACRS,

TABLE $8\mathrm{.}5$

STRAIGHT$-$LINE DEPRECIATION FOR REAL PROPERTY ASSUMING MID MONTH CONVENTION$*$

$27\mathrm{.}5-$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$)$:

Recovery

$\backslash$table$[[$Year$($s$),1,2,3,4,5,6,7,8,9,10,11,12],[1,3\mathrm{.}485,3\mathrm{.}182,2\mathrm{.}879,2\mathrm{.}576,2\mathrm{.}273,1\mathrm{.}970,1\mathrm{.}667,1\mathrm{.}364,1\mathrm{.}061,0\mathrm{.}758,0\mathrm{.}455,0\mathrm{.}152],[2-18,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636],[19-27,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637,3\mathrm{.}637],[28,1\mathrm{.}970,2\mathrm{.}273,2\mathrm{.}576,2\mathrm{.}879,3\mathrm{.}182,3\mathrm{.}485,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636,3\mathrm{.}636],[29,0\mathrm{.}000,0\mathrm{.}000,0\mathrm{.}000,0\mathrm{.}000,0\mathrm{.}000,0\mathrm{.}000,0\mathrm{.}152,0\mathrm{.}455,0\mathrm{.}758,1\mathrm{.}061,1\mathrm{.}364,1\mathrm{.}667]]$

$39-$Year Nonresidential Real Property

The applicable annual percentage is $($use the column for the month in the first year the property is placed in service$)$:

$\backslash$table$[[\backslash$table$[[$Recovery$],[$Year$($s$)]],1,2,3,4,5,6,7,8,9,10,11,12],[1,2\mathrm{.}461,2\mathrm{.}247,2\mathrm{.}033,1\mathrm{.}819,1\mathrm{.}605,1\mathrm{.}391,1\mathrm{.}177,\frac{?}{\text{b}\text{a}\text{r}}(0\mathrm{.}963),0\mathrm{.}749,0\mathrm{.}535,0\mathrm{.}321,0\mathrm{.}107],[2-39,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564,2\mathrm{.}564],[40,0\mathrm{.}107,0\mathrm{.}321,0\mathrm{.}535,0\mathrm{.}749,0\mathrm{.}963,1\mathrm{.}177,1\mathrm{.}391,1\mathrm{.}605,1\mathrm{.}819,2\mathrm{.}033,2\mathrm{.}247,2\mathrm{.}461]]$

$*$The official tables contain a separate row for each year. For ease of presentation, certain years are grouped together in these two tables. In some instances, this will produce a difference of $0\mathrm{.}001$ percent when compared with the official tables.