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ace corp purchases an office building on march 16 of this year. the purchase price...

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Accounting

ace corp purchases an office building on march 16 of this year. the purchase price was 325,000 for the building and 525000 for the land on which the building rests.

show all of your work compute the depreciation for this year

b) on october 1 of the next year ace corp sell the building and land. compute the depreciation thats needed

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