Answer:
The cost of the assets will be classified as nonresidential property and recovered over 39 years.
Step-by-step explanation:
Non residential property means a property that is not meant for residential purposes, it is a commercial property which is for generating profit or gain.
When Andrews Art Studio installed a new roof and a central air-conditioning system for its business, the cost of the installments of the AC and new roof can be recovered over 39 years as it can be classified as a nonresidential property.
Thus the answer is
The cost of the assets will be classified as nonresidential property and recovered over 39 years.