Doug Purchased a New Factory Building on January 15, 1990

question 15

Multiple Choice

Doug purchased a new factory building on January 15, 1990, for $400,000. On March 1, 2017, the building was sold. Determine the cost recovery deduction for the year of the sale; Doug did not use the MACRS straight-line method.

• A)$0
• B)$1,587
• C)$2,645
• D)$12,696
• E)None of the above

---

Definitions:

Intellectual Disability

A condition characterized by significant limitations in both intellectual functioning and adaptive behavior, which includes many everyday social and practical skills.

Myelination

The process of forming a myelin sheath around the nerves to improve the speed and efficiency of electrical signals transmission in the nervous system.

Medulla

An essential section of the brainstem involved in controlling autonomic functions such as heartbeat and breathing.

Heartbeat

The rhythmic contraction and expansion of the heart, pumping blood through the body, typically measured in beats per minute.