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What is the maximum amount of depreciation this company may claim in 2020? On February 15, they purchased an office building. The allocation was the

What is the maximum amount of depreciation this company may claim in 2020?

On February 15, they purchased an office building. The allocation was the land was valued at $400,000 and the building was $600,000.

$1,000,000

Computer (5 year property)

$60,000

Delivery Truck (5 year property)

$70,000

Furniture (7 year property)

$30,000

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