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On January 1, 2014, Roxburgia Company places a commercial storage building in service. The costs allocated to construction of the building total $300,000 & land

On January 1, 2014, Roxburgia Company places a commercial storage building in service. The costs allocated to construction of the building total $300,000 & land is accounted for separately. Which of the following is a true statement with respect to the depreciation of the building

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