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Cora Purchased a Hotel Building on May 17, 2012, for $3,000,000.Determine

Question 60

Multiple Choice

Cora purchased a hotel building on May 17, 2012, for $3,000,000.Determine the cost recovery deduction for 2013.

A) $48,150.
B) $59,520.
C) $69,000.
D) $76,920.
E) None of the above.

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