Cost recovery deduction for the year of the sales


Doug purchased a new factory building on January 15, 1988, for $400,000. On March 1, 2013, the building was sold. Determine the cost recovery deduction for the year of the sales assuming he did not use the MACRS straight line method.

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Accounting Basics: Cost recovery deduction for the year of the sales
Reference No:- TGS039813

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