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2. Mike purchased a warehouse on August 10, 2020, for $1,560,000. Determine the cost recovery deduction for 2020. a. $15,000 b. $25,000 c. $40,000 d.

2. Mike purchased a warehouse on August 10, 2020, for $1,560,000. Determine the cost recovery deduction for 2020.

a. $15,000

b. $25,000

c. $40,000

d. $21,273

e. None of the answers provided is correct.

**The answer is A need to know how it was calculated only ? **

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