11-36 Mary, Medhi, Marcos, and Marguerite have pur- A chased a small warehouse in St. Pete...
11-36 Mary, Medhi, Marcos, and Marguerite have pur- A chased a small warehouse in St. Pete Beach. If they paid $745,000 for the unit in September, how much will their depreciation be in the 15 year? (Note: This asset is nonresidential real property.) Contributed by Paul R. McCright, University of South Florida