All-

We had our taxes prepared by a CPA last year, I'm working on 2016 taxes and have a question.

For background, we now have a rental/investment property.

Purchase value was $ 387,500
Month/Year Placed in Service: 7/18/2015
Fair Rental Days: 197 (in 2015)
The value that was placed on line 18 of Schedule E (Depreciation expense or depletion) was $6,460 with a Recovery Period of 27.5 yrs, Convention of "MM" and Method of "S/L".

For the life of me, I can't figure out how the CPA got to the $6,460 value.

I've taken the purchase price o the property ($387,500) and divided by 27.5, even taking that number and dividing by 365 and then multiplying by 197 doesn't equate to $6,460.

I'm trying to figure out 2016 taxes (property had fair rental days of 365) and the correct Depreciation expense or depletion amount.

Thanks in advance!