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3. A nonresidential building placed in service in 1998 for S 100,000. Company used it for few years and after that it had loss
3. A nonresidential building placed in service in 1998 for S 100,000. Company used it for few years and after that it had loss for 3 years consecutively. Company sold it on October 9, 2006. In computing 2006 depreciation, company used $100,000/39 years straight-line depreciation. O True O False
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