Holly purchased a house in 1999 for $390,000 (of which $40,000 is for the land). In April

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Holly purchased a house in 1999 for $390,000 (of which $40,000 is for the land). In April 2019 she decided to relocate to another state. She did not sell her house and converted the property into a rental property. The fair market value at the time of the conversion was $450,000 (of which $80,000 is for the land). Required: Calculate the depreciation expense for 2020.