On June 1st of the current year, Kayla and Ralph purchased a rental beach house for $700,000. Of that amount, $400,000 was for the land value. How much depreciation deduction can they take in the current year? (You may need to refer to the depreciation tables.)
A. $7,880.
B. $0.
C. $5,910.
D. $13,790.
Answer: C
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