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a depreciation schedule to be used for tax purposes for a $495,000 apartment building. THe apartment building is placed in service in the ninth month

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a depreciation schedule to be used for tax purposes for a $495,000 apartment building. THe apartment building is placed in service in the ninth month of the company' s tax year. The cost of the land is not included in the $495,000. Ignore any special depreciation allowances. Note that for residential buildings, straight line method is used with a special consideration for the first an year. Show detailed calculations for the first year, second year, third year, and the last year. But compute values for all years. (10 points) Recovery Period- Annual depreciation- Depreciation for the first year- Depreciation for the last year

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