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A residential building is purchased on January 1 , 2 0 1 6 for $ 3 , 7 5 0 , 0 0 0 .

A residential building is purchased on January 1,2016 for $3,750,000. Land represents $350,000. At the end of 5 years, how much was the accumulated depreciation?
Group of answer choices
$326,978
$712,345
$618,182
$613,030
$435,897

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