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We Build Them Xpensie, PLLC, a manufacturer of chicken coops bought a new building to...

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Accounting

We Build Them Xpensie, PLLC, a manufacturer of chicken coops bought a new building to use as a factory. The total cost of the building was $1,760,150. The land has a value of $250,000. They DO NOT ELECT any bonus depreciation of Section 179 treatment. If the building was placed in service on August 28, 2020, determine the depreciation expense for A) year 1: 2020 and B) year 3: 2022. Show all work and answers separately for both years.

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