Simpson Company, a calendar year taxpayer, acquires an apartment building on March 22, 2019 for $900,000.What is the maximum cost recovery deduction it may take for 2019?
A)$18,297.
B)$22,617.
C)$25,911.
D)$31,365.

Question

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The Answer of Simpson Company, a calendar year taxpayer, acquires an apartment building on March 22, 2019 for $900,000.What is the maximum cost recovery deduction it may take for 2019?
A)$18,297.
B)$22,617.
C)$25,911.
D)$31,365.

Simpson Company, a Calendar Year Taxpayer, Acquires an Apartment Building