Research Problem 3. Teal Company, a single member LLC, owns two warehouses that were placed in service before 1987. This year accelerated depreciation on Warehouse A is $36,000 (straight-line depreciation would have been $30,000). On Warehouse B, accelerated depreciation was $16,000 (straight-line depreciation would have been

$20,000). What is the amount of Teal’s AMT tax preference for excess depreciation?

Use internet tax resources to address the following questions. Look for reliable websites and blogs of the IRS and other government agencies, media outlets, businesses, tax professionals, academics, think tanks, and political outlets.