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2 Nov 2018

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  1. A parcel of land in a coastal town was bought for $200,000 by Donald Crump in 2006 and a commercial building was built at a cost of $2M and opened for business in March 2007. The depreciation charge for the property in year 2007 is ____________.

    A.

    $51,280

    B.

    $40,660

    C.

    $46,152

    D.

    $ 55,880

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