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Cora purchased a hotel building on May 17, 2023, for $3,000,000. Determine the cost recovery deduction for 2024 . $48,150 $59,520 $69,000 $76,920

Cora purchased a hotel building on May 17, 2023, for \$3,000,000. Determine the cost recovery deduction for 2024 . $48,150 $59,520 $69,000 $76,920

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