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On October 8, 2020, Holly purchased a residential apartment building. The cost basis assigned to the building is $263,300. Holly also owns another residential apartment

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On October 8, 2020, Holly purchased a residential apartment building. The cost basis assigned to the building is $263,300. Holly also owns another residential apartment building that she purchased on August 15, 2020, with a cost bosis of $466,000 Click here to access the depreciation tables. If required, round Intermediate calculations and final answers to nearest dollar. a. Calculate Holly's total depreciation deduction for the apartments for 2020 using MACRS. Feedback Check My Wors b. Calcutate Holly's total depreciation deduction for the apartments for 2021 using MACRS, X

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