Janice acquired an apartment building on May 4, 2014, for $130,000. The value of the...
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Accounting
Janice acquired an apartment building on May 4, 2014, for $130,000. The value of the land is $300,000. Janice sold the apartment building on Apr. 1, 2020. Determine Janice's cost recovery deduction for 2020.
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