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Required information [ The following information applies to the questions displayed below. ] On February 1 7 of year 1 , Javier purchased a building,
Required information
The following information applies to the questions displayed below.
On February of year Javier purchased a building, including the land
it was on to assemble his new equipment. The total cost of the
purchase was $;$ was allocated to the basis of the
land and the remaining $ was allocated to the basis of the
building. Use MACRS Table Table Table Table and Table
Note: Do not round intermediate calculations. Round your answers to
the nearest whole dollar amount.
d Assume the building was purchased and placed in service on February of year
and is residential property.
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