A corporation sold a warehouse during the current year. The straight- line depreciation method was used. Information about the building is presented below: How much gain should the corporation report as Sec. 1231 gain?

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A corporation sold a warehouse during the current year. The straight- line depreciation method was used. Information about the building is presented below:  How much gain should the corporation report as Sec. 1231 gain?

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The Answer of A corporation sold a warehouse during the current year. The straight- line depreciation method was used. Information about the building is presented below:  How much gain should the corporation report as Sec. 1231 gain?

A Corporation Sold a Warehouse During the Current Year