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An office building was purchased several years ago on December 9th for $2,379,397. $400,000 of the purchase price was allocated to the land. During the
An office building was purchased several years ago on December 9th for $2,379,397. $400,000 of the purchase price was allocated to the land. During the current year, the 10th year, the building was sold on 7/10/2019. Calculate the maximum depreciation deduction for the real property during the current year, rounded to the nearest whole dollar.
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