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John owns a 5-story office building with total square footage of 125,000. He acquired the investment for $2,500,000. The land represents 30% of his investment.

John owns a 5-story office building with total square footage of 125,000. He acquired the investment for $2,500,000. The land represents 30% of his investment. What is Johns annual depreciation deduction?

		44,872
		63,636
		19,231
		64,103

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