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An office building was purchased exactly two years ago for $150,000. Using 39 year straight-line depreciation for income tax purposes, how much depreciation has occurred

An office building was purchased exactly two years ago for $150,000. Using 39 year straight-line depreciation for income tax purposes, how much depreciation has occurred to date?

  • A. $8,401

  • B. $5,201

  • C. $7,692

  • D. $4,777

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