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In 2023, New Company bought two assets during the year: an office building on April 30 and computer equipment (8 year class life) on October

In 2023, New Company bought two assets during the year: an office building on April 30 and computer equipment (8 year class life) on October 2. The building costs 5 million dollars, 1.1 million which is allocated to the land. The computer equipment costs 10,000. How much depreciation is allowed for 2023 on the office building

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