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11-12-2022
Business

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Astrid has a $150,000 single-family rental house that was put into service on January 1, 2021. The land value of the lot is $20,000 and at the time of purchase she made $5,000 in capital improvements. Under the General Depreciation System (GDS), Astrid’s annual depreciation expense is what amount?
A. $2,679
B. $4,909
C. $5,112
D. $6,238

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