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On November 30,2017,Constance Purchased an Apartment Building for $750,000 (Assume

Question 68

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On November 30,2017,Constance purchased an apartment building for $750,000 (assume this is the Depreciable Cost excluding any Land valuation) .Determine her cost recovery deduction for 2017 rounded to the nearest dollar.


A) $0.
B) $2,400.
C) $3,413.
D) $26,138.

Correct Answer:

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