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Cora purchased a hotel building on May 17, 2019, for $3,000,000. Determine the cost recovery deduction for 2020 if sold hotel on November 3, 2020.

Cora purchased a hotel building on May 17, 2019, for $3,000,000. Determine the cost recovery deduction for 2020 if sold hotel on November 3, 2020.

Select one:

A. $48,150

B. $67,305

C. $69,000

D. $76,920

E. None of these.

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