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Johnny purchased a hotel building on May 27, 2020, for $3,500,000 and placed it in service the same year. Determine the cost recovery deduction for

Johnny purchased a hotel building on May 27, 2020, for $3,500,000 and placed it in service the same year. Determine the cost recovery deduction for 2021 (the second year). a. $56,175. b. $89,740. c. $69,000. d. $76,920.

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