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2009, you purchased an industrial property for $280,000. The appraisal is divided into 30,000 for the land and $250,000 for the building. On May 15

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2009, you purchased an industrial property for $280,000. The appraisal is divided into 30,000 for the land and $250,000 for the building. On May 15" 2013, you sold the property for 297,000. Compute the MACRS depreciation and the book value for each of the years during which you had the property. Land - +30,000 Building 250,000

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