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Simpson Company, a Calendar Year Taxpayer, Acquires an Apartment Building

Question 60

Multiple Choice

Simpson Company, a calendar year taxpayer, acquires an apartment building on March 22, 2019 for $900,000.What is the maximum cost recovery deduction it may take for 2019?


A) $18,297.
B) $22,617.
C) $25,911.
D) $31,365.

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