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McDowell Corporation (a calendar-year corporation) purchased and placed in service in 2017 a $25,000 new automobile on August 15, $300,000 of new furniture on September

McDowell Corporation (a calendar-year corporation) purchased and placed in service in 2017 a $25,000 new automobile on August 15, $300,000 of new furniture on September 1, and a $680,000 warehouse (of which $100,000 was for the land) on November 8. Compute the maximum depreciation deductions for the first two years of these assets lives.

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