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On July 20 of the current year, the rock group Redhead bought a studio for $900,000 exclusive of land (located in California) to record their

On July 20 of the current year, the rock group Redhead bought a studio for $900,000 exclusive of land (located in California) to record their albums. The studio has a useful life of 50 years. What is Redheads maximum depreciation deduction in the current year?

$0

$15000

$10593

$13095

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