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Doug purchased a new factory building on January 15, 1995, for 4,000,000. On March 1, 2017, the building was sold. Determine the cost recovery deduction
Doug purchased a new factory building on January 15, 1995, for 4,000,000. On March 1, 2017, the building was sold. Determine the cost recovery deduction for the year of the sale.
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