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On August 11,2017, Nancy acquired and placed into services residential property, which cost $430,000; the cost of the land has been excluded. Nancy annually elsects
On August 11,2017, Nancy acquired and placed into services residential property, which cost $430,000; the cost of the land has been excluded. Nancy annually elsects the maximum allowed Sec. 179 deduction. The total depreciation for the year is (rounded):
A) $5,865
B) $4,141
C) $5,117
D) 15,636
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