Question: Problem 6-45 (LO 6-3) Rueben acquires a warehouse on September 1, 2018, for $1.5 million. On March 1, 2022, he sells the warehouse. Determine Rueben's


Problem 6-45 (LO 6-3) Rueben acquires a warehouse on September 1, 2018, for $1.5 million. On March 1, 2022, he sells the warehouse. Determine Rueben's cost recovery for 20182022: (Use Table 6A-8) (Do not round intermediate computations. Round your final answers to 2 decimal places. Enter your answers in dollars and not in millions of dollars.) Rueben's Cost Recovery 2018 2019 2020 2021 2022 TABLE 6A-8 General Depreciation System Straight-Line Applicable Recovery Period: 39 Years Mid-Month Convention Month In the First Recovery Year the Property Is Placed In Service Recovery Year 4 5 10 11 12 2.247 1.177 .963 2.461 2.033 1.819 1.605 1.391 749 535 .32 .107 2.564 2.564 2-39 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 0.321 40 0.107 0.535 0.749 0.963 1.177 1.391 1.605 1.819 2.033 2.24 2.461
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