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    Exam 8: Depreciation, cost Recovery, amortization, and Depletion
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    Cora Purchased a Hotel Building on May 17,2014,for $3,000,000
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Cora Purchased a Hotel Building on May 17,2014,for $3,000,000

Question 53

Question 53

Multiple Choice

Cora purchased a hotel building on May 17,2014,for $3,000,000.Determine the cost recovery deduction for 2015.


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

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