Wilson Corporation purchases a factory building on September 29,2017,for $4,000,000 (exclusive of the amount allocated to the land).It elects the alternative depreciation system (ADS).What is the 2017 depreciation deduction?
A)$29,167
B)$30,000
C)$42,424
D)$70,833
E)$100,000

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The Answer of Wilson Corporation purchases a factory building on September 29,2017,for $4,000,000 (exclusive of the amount allocated to the land).It elects the alternative depreciation system (ADS).What is the 2017 depreciation deduction?
A)$29,167
B)$30,000
C)$42,424
D)$70,833
E)$100,000

Wilson Corporation Purchases a Factory Building on September 29,2017,for $4,000,000