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Aubree purchased a warehouse July 4, 2023 for $2,000,000. What is Aubree's cost recovery for 2023? (Do not use commes

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Aubree purchased a warehouse July 4, 2023 for $2,000,000. What is Aubree's cost
recovery for 2023?
(Do not use commas or dollar signs. Round to the nearest dollar.)

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