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Colleen purchased a hotel building on May 10, 2021 for $3,000,000. Determine the cost recovery deduction for 2023. Question 9 options: $59,200 $76,920 $48,150 $69,000

Colleen purchased a hotel building on May 10, 2021 for $3,000,000. Determine the cost recovery deduction for 2023.

Question 9 options:

$59,200

$76,920

$48,150

$69,000

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