Dorothy Operates a Pet Store as a Sole Proprietorship Dorothy Acquired the Building in 1997 for $100,000 of Which

Dorothy operates a pet store as a sole proprietorship.During the year she sells the business to Florian for $200,000.The assets sold and the allocation of the purchase price are as follows:
$$\begin{array} { l r r } & \text { Adjusted Basis } & \text { Purchase Price } \\\hline \text { Inventory } & \$ 20,000 & \$ 20,000 \\\text { Building } & 60,000 & 105,000 \\\text { Land } & 20,000 & 35,000 \\\text { Equipment } & - 0 - & 30,000 \\\text { Goodwill } & { - 0 - }& { 100,000 } \\\text { Total Assets } & \$ 100,000 & \$ \$ 200,000\end{array}$$
Dorothy acquired the building in 1997 for $100,000 of which $20,000 was allocated to the land.She paid $40,000 for the equipment in the same year.What are the tax consequences of the liquidation for Dorothy?