4) Assume that the client purchases an office building on 11/1/X1 for $500,000, which includes land with a value of $32,000. The cost of the building itself is $500,000 - $32,000 = $468,000, and this is recovered over a 39-year period, resulting in MACRS deductions of $468,000 / 39 years = $12,000 per year. In 20X1, the year of acquisition, the property is treated as having been purchased in the middle of November, so that only 1 months of depreciation are claimed that year. What is the amount of the depreciation deduction for 20X1? A. $1,000 B. $1,500 C. $12,000 D. $6,000