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Jenny constructed a building for use as a residential rental property. The cost of the building was $180,000, and it was placed in service on August 1, 1990. The building has a 27.5 year MACRS life. What is the amount of depreciation on the building for 2012 for tax purposes?

Select one:

a. $6,000

b. $2,000

c. $3,000

d. $6,547

e. None of the above

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