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On July 2 of the current year, Farb purchased and placed into service an office building in midtown and immediately began renting it. The portion

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On July 2 of the current year, Farb purchased and placed into service an office building in midtown and immediately began renting it. The portion of the cost allocated to the building was $400,000. Farb's maximum depreciation deduction for the year is $4,701 $5,128 $6,667 $7,273 $7,879

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