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8 POINTS) On May 1, 2009, Drogon Properties, a calendar year taxpayer, purchased an apartment building (residential property) for $1,000,000, of which $400,000 was allocable

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8 POINTS) On May 1, 2009, Drogon Properties, a calendar year taxpayer, purchased an apartment building (residential property) for $1,000,000, of which $400,000 was allocable to the land. The company sold the property on September 23, 2017. a) What was the company's depreciation for the building under MACRS for 2009? b) What was the company's depreciation for the building under MACRS for 2017

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