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Herbie is the owner of two apartment buildings. Following is information related to the two buildings: Cost Allocated to Land Date Acquired Total Cost 3/15/98

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Herbie is the owner of two apartment buildings. Following is information related to the two buildings: Cost Allocated to Land Date Acquired Total Cost 3/15/98 $300.000 8/31/06 600,000 Building A Building B $40,000 95,000 Herbie elected the maximum depreciation available for each asset. What is the effect of depreciation on AMTI for 2020

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