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A permanent steel building used for the overhaul of dewatering systems (engines, pumps, and wellpoints ) is placed in service on July 10 by a
A permanent steel building used for the overhaul of dewatering systems (engines, pumps, and wellpoints) is placed in service on July 10 by a calendar-year taxpayer for $500,000. It is sold almost 5 years later on May 15th.
Determine the unrecovered investment during each of the years involved
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