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Jake purchased a new apartment building on March 20, 2019, for $3,000,000 (including $700,000 for the land). On December 20, 2020, the building was sold.

Jake purchased a new apartment building on March 20, 2019, for $3,000,000 (including $700,000 for the land). On December 20, 2020, the building was sold. Determine the depreciation deduction for 2020.

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