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A residential property is acquired on January 3, 2022 at a totalcost of $1.2 million. Land value is $300,000. Calculate thedepreciation amount for the second

A residential property is acquired on January 3, 2022 at a totalcost of $1.2 million. Land value is $300,000. Calculate thedepreciation amount for the second year. 2 answers

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