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provide steps how to solve it. ty! 19. A calendar year taxpayer purchased land and a residential building for $20,000,000 on November 22, 2013. It

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provide steps how to solve it. ty!

19. A calendar year taxpayer purchased land and a residential building for $20,000,000 on November 22, 2013. It was determined that 25% of the purchase price would be allocated to the land. What is the residential buildings adjusted tax basis on December 31, 2016 Crounded to the nearest $500)? A. $4,432,000. B. $13, 167,000. C. $13,295,500. D. $13,363,500. E. $18,363,500

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