Luke purchased an office building on October 23, 2019, for $1,000,000. Determine the cost recovery...
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Accounting
Luke purchased an office building on October 23, 2019, for $1,000,000. Determine the cost recovery deduction for 2019.
1. $ 7,580
2. $ 5,350
3. None of the answers provided is correct.
4. $36,364
5. $25,641
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