Solved: The building excluding the value of the land cost1000000, Accounting Basics

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The building excluding the value of the land cost1000000

Question - Atiqa took out of service and sold a residential rental property on October 31 of this year. She had originally acquired the property ten years ago. The building (excluding the value of the land) cost$1,000,000. How much is her current year depreciation deduction?

A. $28,785

B. $36,360

C. $30,300

D. $18,182

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Accounting Basics: The building excluding the value of the land cost1000000

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