Question: Compute regular MACRS depreciation for 2018 for an office building . The office building and land were purchased together in October 2015 for $11,200,000. Assume
Compute regular MACRS depreciation for 2018 for an office building . The office building and land were purchased together in October 2015 for $11,200,000. Assume that the land comprises 20% if the total purchase (land and building) Assume $200,000 salvage value for land and building. show work
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