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Spike purchased on 6/15/2020 and placed in service on 9/1/2020 a new warehouse for $5,000,000....

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Accounting

Spike purchased on 6/15/2020 and placed in service on 9/1/2020 a new warehouse for $5,000,000.

(a) Determine the cost recovery deduction for 2020.

(b) Spike sold the warehouse on March 22, 2028. Determine the cost recovery deduction for 2028.

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