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Jordan Purchased a Warehouse for $600,000

question 30

Essay

Jordan purchased a warehouse for $600,000.$100,000 of the cost was properly allocated to the land.
a.If the property was purchased in April of 1998,what is the AMT depreciation adjustment required in 2014?
b.If the property was purchased in April of 2014,what is the AMT depreciation adjustment required in 2014?


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