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Nonresidential realty costing $300,000 was placed in service three years ago, and was sold on March 25 of the current year. Current year depreciation expense
Nonresidential realty costing $300,000 was placed in service three years ago, and was sold on March 25 of the current year. Current year depreciation expense with respect to the real estate will be (Ignore IRC 179 and bonus depreciation)
a. $2244
b. $1603
c. $ 2273
Please explain your answer :) Helps me understand!
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