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Mary acquired and placed in service a building costing $1,000,000 on June 1, 2014 and sold it on June 1, 2016. A) calculate depreciation for
Mary acquired and placed in service a building costing $1,000,000 on June 1, 2014 and sold it on June 1, 2016.
A) calculate depreciation for 2014 and 2016 if it is a residential apartment complex.
B) calculate depreciation for 2014 and 2016 if it is a commercial apartment complex.
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