Wilson Corporation Purchases a Factory Building on September 29,2017,for $4,000,000

question 87

Multiple Choice

Wilson Corporation purchases a factory building on September 29,2017,for $4,000,000 (exclusive of the amount allocated to the land) .It elects the alternative depreciation system (ADS) .What is the 2017 depreciation deduction?

• A)$29,167
• B)$30,000
• C)$42,424
• D)$70,833
• E)$100,000

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