Question
13 and 14 Ewing Corporation sold an office building that it used in its business for $885,388. Ewing bought the building ten years ago for
13 and 14
Ewing Corporation sold an office building that it used in its business for $885,388. Ewing bought the building ten years ago for $757,239 and has claimed $578,476 of depreciation expense. What is the amount of the 51231 capital gain for Ewing Corporation?
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Numerical Analysis
Authors: Richard L. Burden, J. Douglas Faires
9th edition
538733519, 978-1133169338, 1133169333, 978-0538733519
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