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A factory that produces hats is for sale for $601,000. An investor is considering accepting this asking price and holding the factory for a few

A factory that produces hats is for sale for $601,000. An investor is considering accepting this asking price and holding the factory for a few years before selling it. If the depreciable life of the factory is 27 years and 17% of the purchase price is land, what would be the depreciation allowance each year for tax purposes?

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