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Wellington Apartments Purchases an Apartment Building on November 9,2016,for $1,000,000

Question 22

Multiple Choice

Wellington Apartments purchases an apartment building on November 9,2016,for $1,000,000 (exclusive of the cost allocated to the land) .What is the 2016 MACRS depreciation deduction?


A) $3,970
B) $4,550
C) $7,580
D) $36,364
E) $45,500

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