You purchased a commercial building on august 1 2003 that, Business Economics

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You purchased a commercial building on august 1 2003 that

You purchased a commercial building on August 1, 2003 that you are renting to a business. The total purchase price was $140,000. You estimate that the value of the lot is $150,000 of the total purchase price. You plan to sell the building on May 30, 2007. Determine the MACRS depreciation for tax purchase for each year.

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Business Economics: You purchased a commercial building on august 1 2003 that

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