Multiple Choice
Gregory Corporation, a calendar-year corporation, purchased an office building in March of year 1.In September of year 17, it sold the building.What fraction must be applied to the MACRS percentage to determine the year 17 depreciation?
A) 3/12
B) 7.5/12
C) 8.5/12
D) 9/12
Correct Answer:
Verified
Correct Answer:
Verified
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