Multiple Choice
On August 11,2014,Nancy acquired and placed into service residential rental property,which cost $430,000; the cost of the land has been excluded.Nancy annually elects the maximum allowed Sec.179 deduction.The total depreciation for the year is (rounded)
A) $5,865.
B) $4,141.
C) $5,117.
D) $15,636.
Correct Answer:
Verified
Correct Answer:
Verified
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