Poplock LLCpurchased a warehouse and land during the curent year for $350,000. The purchase price...
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Accounting
Poplock LLCpurchased a warehouse and land during the curent year for $350,000. The purchase price was allocated as follows; $275,000 to the building and $75,000 to the land. The property was placed in srvice on August 12. Calculate Poplock's maximundepreciationfor the fiorst year, rounded to the nearest whole numbers:
A)$2,648
B)$3,371
C)$3,751
D)$4,774
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