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15. TP purchased a commercial building in 2008 for $200,000 and has taken total depreciation over the period of her ownership of $40,000. TP sells
15. TP purchased a commercial building in 2008 for $200,000 and has taken total depreciation over the period of her ownership of $40,000. TP sells the building in 2021 for $225,000. Assuming no other basis adjustments, and assuming TP's taxable income (including the sale of this building) to be $150,000, what would be her tax related only to the sale of this building? I a. $9,750 b. $13,750 c. $16,250 d. $13,000 e. None of the above
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