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7) Charlie purchased an apartment building on November 16, Year 1, for $1,000,000. Determine the cost recovery for Year 20 . a. $36,360 b. $32,100

7) Charlie purchased an apartment building on November 16, Year 1, for $1,000,000. Determine the cost recovery for Year 20

. a. $36,360 b. $32,100 c. $45,500 d. $331,850

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