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Question 7 (2 points) lota Company purchases a new warehouse building on May 16, 2018, for $6,000,000 (exclusive of the cost of the land). What

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Question 7 (2 points) lota Company purchases a new warehouse building on May 16, 2018, for $6,000,000 (exclusive of the cost of the land). What is lota Company's 2019 (2nd year) depreciation deduction? 1) $96,300 2) $153,840 3) $190,500 4) $218,160 5

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