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  3. Study Set
    Concepts in Federal Taxation
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    Exam 10: Cost Recovery on Property: Depreciation, depletion, and Amortization
  5. Question
    Wellington Company Purchases a New Warehouse on August 24,2005,for $1,000,000
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Wellington Company Purchases a New Warehouse on August 24,2005,for $1,000,000

Question 73

Question 73

Multiple Choice

Wellington Company purchases a new warehouse on August 24,2005,for $1,000,000 (exclusive of the cost allocated to the land) .What is the 2016 MACRS depreciation deduction?


A) $11,900
B) $25,640
C) $31,740
D) $48,694

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