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Paola purchased an office building on January 5,2020 , for $450,000.$30,000 of the price was for the land. On September 25, 2021, he sold the

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Paola purchased an office building on January 5,2020 , for $450,000.$30,000 of the price was for the land. On September 25, 2021, he sold the office building. What is the cost recovery deduction for 2021 rounded to the nearest dollar? (Use Table 6A-8) Multiple Choice $0. $7,321. $7,628 $10,769. TABLE 6A8 General Depreclation System: Straight-Line; Applicable Recovery Period: 39 Years; Mid-Month Convention

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