Diane Purchased a Factory Building on November 15, 1993, for $5,000,000.She

question 49

Multiple Choice

Diane purchased a factory building on November 15, 1993, for $5,000,000.She sells the factory building on February 2, 2012.Determine the cost recovery deduction for the year of the sale.

• A)$16,025.
• B)$19,844.
• C)$26,458.
• D)$158,750.
• E)None of the above.

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Definitions:

Blood

Blood is a vital fluid in humans and other animals that transports necessary substances such as nutrients and oxygen to the cells and carries away waste products.

Transported

Moved or carried from one place to another.

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A group of progressive lung diseases, including emphysema and chronic bronchitis, that restrict airflow and cause breathing difficulties.

Cigarette Smokers

Individuals who regularly inhale the smoke of burned tobacco typically in the form of cigarettes.