Question

Lopez acquired a building on June 1, 2014, for $40,462,100. Compute the depreciation deduction assuming the...

Lopez acquired a building on June 1, 2014, for $40,462,100. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential.

Click here to access the depreciation table to use for this problem.

If required, round your answers to the nearest dollar.

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