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A taxpayer purchased five acres of land for $ 2 0 , 0 0 0 and placed in service other depreciable personal property that cost

A taxpayer purchased five acres of land for $20,000 and placed in service other depreciable personal property that cost $100,000. Disregarding business income limitations, what maximum amount of cost recovery can the taxpayer claim this year?
A.
$20,000
B.
$116,000
C.
$120,000
D.
$100,000

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