The computation of depreciation is for the total number of months that the investor owns the property in a given tax year. If you purchased a commercial property on March 1, 2023 for $5,000,000, What would be your recoverable depreciation amount for only 2023?
1) $106,837.61
2) $10,683.76
3) $151,515.15
4) $15,151.52
