Problem 9-27 (book/static) Question Help On April 1st, Leo Smith paid $310,000 for a resiential ental properly. This purchase price epresrits $250,000 for the building and $80,000 for the larid. Five years laler, on Novernber 1st, he sold the properly for $400,000. Comipule the MACRS deprecialion for each at the tive calender years dunng which he had the property For deprecialion purposes, the cost basis for the residential rental property is (Round to the nearest dollar.)