Barney purchases a new warehouse building on may 16 2016
Question - Barney purchases a new warehouse building on May 16, 2016, for $6,000,000 (exclusive of the cost of the land). What is Barney's 2017 depreciation deduction?
a. $0
b. $76,924
c. $153,840
d. $119,040
e. $400,000
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