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Paragon Properties built a shopping center at a cost of $50M in year 2010. The company started leasing space in July of 2014. The land
- Paragon Properties built a shopping center at a cost of $50M in year 2010. The company started leasing space in July of 2014. The land was purchased for $5M. Determine the depreciation charges through 2017 if the property was sold in November 2017.
A. | $5,002,200 | |
B. | $3,563,100 | |
C. | $3,991,050 | |
D. | $4,615,200 |
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