<\/div><\/div><\/div> 2. Erika Corporation sold an office building that it used in its business for $600,000. Erika bought the building ten years ago for $400,000 and has claimed $100,000 of depreciation expense. What is the amount and character of Erika's gain or loss? A. $20,000 ordinary $280,000 section 1231 gain B. $300,000 capital gain C. $300,000 ordinary gain D. $100,000 ordinary and $200,000 section 1231 gain E. None of the choices are correct",
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"question_posted": "2024-06-28 03:49:58",
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