Question - Popluck LLC purchased a warehouse and land during the current year for $350,000. The purchase price was allocated as follows: $275,000 to the building and $75,000 to the and. The property was placed in service on August 12. Calculate Popluck's maximum depreciation for this first year, rounded to the nearest whole number:
A. 2,648
B. 3,371
C. 3,751
D. 4,774
E. None of the following