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0 0 Required information 1 of 3 The following information applies to the questions displayed below Moran owns a building he bought during year O

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0 0 Required information 1 of 3 The following information applies to the questions displayed below Moran owns a building he bought during year O for $180.000 He sold the building in year 6. During the time he held the building he depreciated it by $34,750 What is the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? (Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answer blank. Enter zero if applicable.) eBook a. Moran received $205,000 Print 59.750 Total Gain/(Loss) Recognized Inrecaptured $1250 gain (and $1231 gain) Remaining 51231 gain (loss) eferences

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