Doug Purchased a New Factory Building on January 15, 1988

Multiple Choice

Doug purchased a new factory building on January 15, 1988, for $400,000.On March 1, 2012, the building was sold.Determine the cost recovery deduction for the year of the sale assuming he did not use the MACRS straight-line method.

A) $0.
B) $1,587.
C) $2,645.
D) $12,696.
E) None of the above.