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Two years ago a corporation purchased residential real estate (an apartment complex) at a total cost of $250,000. Of this amount $50,000 was allocated to

Two years ago a corporation purchased residential real estate (an apartment complex) at a total cost of $250,000. Of this amount $50,000 was allocated to the underlying land. What is the corporations allowable depreciation deduction for the current year under MACRS? please show work

A)$5,000 B) $5,128 C) $6,350 D) $7,272

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