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An investor in a limited partnership receives a straight-line depreciation deduction of $7,000 in the first year of a 15-year write-off on an asset that
An investor in a limited partnership receives a straight-line depreciation deduction of $7,000 in the first year of a 15-year write-off on an asset that was purchased by the limited partnership. In the 15th year, how much of a depreciation write-off would the investor be entitled to deduct? OA) $0 B) $700 OC) $7,000 OD) $105,000
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