A building was purchased 9 years ago for $870,000. During that period straight-line depreciation of 3%/ year was used to reduce the taxable income from this investment held in an LP. The building sold for $1,200,000. Improvements of $160,000 were made to the building just before it was sold. Note: the improvements were not capitalized (no depreciation was taken for the improvements in any prior tax year). What is the capital gain tax if the property was owned personally and they are in the 28% tax bracket (ordinary income)? Give your answer to the nearest dollar. Example for an answer of $894,901 enter the value 894901 BONUS