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25 Lopez acquired an apartment building (residential property) and land on June 1, 2020, for $1,500,000 in Long Island. The county per the latest available
25 Lopez acquired an apartment building (residential property) and land on June 1, 2020, for $1,500,000 in Long Island. The county per the latest available real state bill assessed the value of the building at $1,400,000 and the land at $350,000. What is the amount of depreciation expense for 20207 (amounts are rounded) OA $16,667 OB $25,455 OC $23,636 OD. $19,444 OE $17,948 3 points SMAN
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