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DTI keeps book depreciation on the straight-line basis over lives ranging from 5 years to 25 years. Federal tax depreciation for 2021 is $181,622. California

DTI keeps book depreciation on the straight-line basis over lives ranging from 5 years to 25 years. Federal tax depreciation for 2021 is $181,622. California tax depreciation for 2021 is 155,650. This will be a Schedule M-1 item for the tax return for federal and for California tax purposes

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