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Gabco Incorporated, a calendar year taxpayer, purchased an apartment building on June 3, 2015 for $1,200,000, of which $200,000 was allocable to the land. The

image text in transcribed Gabco Incorporated, a calendar year taxpayer, purchased an apartment building on June 3, 2015 for $1,200,000, of which $200,000 was allocable to the land. The corporation sold the property on June 27, 2020. The corporation's depreciation for the building for 2020 will be approximately: None of the other choices are comect $16.665 $13894 0136360 $18380image text in transcribed

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