15. Eric, a sole proprietor, purchased a building in 2000 that he uses in his business. Eric uses the straight-line method for the building. Eric's cost for the building is $420,000 and depreciation was $200,000. If the building is sold for $480,000, the tax results are a $260,000 Sec. 1231 gain. b. $260,000 unrecaptured Sec. 1250 gain. c. $200,000 unrecaptured Sec. 1250 gain, $60,000 Sec. 1231 gain. d. $200,000 Sec. 1245 ordinary income, $60,000 Sec. 1231 gain. e. None of the above. minn mold mehree houeht in 1990 for $890.000 during the current year. The building cost $800,000 ang