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a office building used in the business of sole proprietor is sold on March 10,...

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Accounting

a office building used in the business of sole proprietor is sold on March 10, 2016, for 342,000. The building was acquired in 2006 for 400,000 and straigh line depreciation of 104,000 had been taken on the building. What is the amount of unrecaptured Sectio 1250 gain from the disposition of this building?

400,000

58,000

104,000

46,000

None of the above

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