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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. $3,563,100

B. $3,848,400

C. $4,615,200

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