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Diane purchased a factory building (not including land) on April 15, 1992, for $5,000,000. She sells the factory building on February 2, 2016. Determine the
Diane purchased a factory building (not including land) on April 15, 1992, for $5,000,000. She sells the factory building on February 2, 2016. Determine the cost recovery deduction for 2016.
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