Multiple Choice
Paola purchased an office building on January 5,2012,for $450,000.$30,000 of the price was for the land.On September 25,2014,he sold the office building.What is the cost recovery deduction for 2014 rounded to the nearest dollar?
A) $0.
B) $7,321.
C) $7,628.
D) $10,769.
Correct Answer:
Verified
Correct Answer:
Verified
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