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Diane Purchased a Factory Building on April 15, 1993, for $5,000,000

Question 51

Multiple Choice

Diane purchased a factory building on April 15, 1993, for $5,000,000. She sells the factory building on February 2, 2017. Determine the cost recovery deduction for the year of the sale.


A) $16,025
B) $19,838
C) $26,458
D) $158,750
E) None of the above

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