Business, 19.09.2019 19:30, lizycacer863

Beige corporation, a c corporation, purchases a warehouse on august 1, 2002, for $1 million. straight-line depreciation is taken in the amount of $411,750 before the property is sold on june 12, 2018, for $1.2 million. what is the amount and character of the gain recognized by beige on the sale of the realty?

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Beige corporation, a c corporation, purchases a warehouse on august 1, 2002, for $1 million. straigh...