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Diane purchased a factory building on April 15, 1993, for $5,000,000. She sells the factory building on February 2, 2020. Determine the cost recovery deduction
Diane purchased a factory building on April 15, 1993, for $5,000,000. She sells the factory building on February 2, 2020. Determine the cost recovery deduction for the year of the sale.
A.$16,025
B.$19,838
C.$26,458
D.$158,750
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