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Question Content Area Jenny constructed a building for use as a residential rental property. The cost of the building was $164,976, and it was placed
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Jenny constructed a building for use as a residential rental property. The cost of the building was $164,976, and it was placed in service on August 1, 1999. The building has a 27.5-year MACRS life. What is the amount of depreciation on the building for 2022 for tax purposes?
a.$3,000
b.$2,250
c.$6,547
d.$6,000
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