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Pinnacle Company pays $170,000 for an office building on August 27 of this year to use in its business. It properly allocates $150,000 to the

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Pinnacle Company pays $170,000 for an office building on August 27 of this year to use in its business. It properly allocates $150,000 to the building and $20,000 to the land. What is Pinnacle's first year depreciation deduction on the property? 1) $1,445 O2) $1,124 3) $1,785 4) $2.046

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