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please answer by giving explanation clearly Company XY, a calendar year taxpayer, sold a nonresidential building on July 07, 2021. The tax basis for the
please answer by giving explanation clearly
Company XY, a calendar year taxpayer, sold a nonresidential building on July 07, 2021. The tax basis for the building is $100,000,000. How much depreciation can Company XY deduct for the building in 2021? Group of answer choices $1,391,000 $1,770,000 $1,605,000 SOStep by Step Solution
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