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WR&Z Company,a Calendar Year Taxpayer,paid $6,400,000 for a Commercial Office

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WR&Z Company,a calendar year taxpayer,paid $6,400,000 for a commercial office building and allocated $400,000 of the cost to the land and $6,000,000 of the cost to the building.WR&Z place the realty in service on May 11.Refer to the appropriate MACRS Table in Chapter 7 to compute WR&Z's first-year depreciation on the realty.


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