A warehouse was purchased for $9MM ( $2MM down +$7MM loan) 5 years ago and is recently sold for $10.1MM gross sales price. Assume the following: - 27% of the purchase price was attributable to land value - the current mortgage balance is $6.1MM - 25% tax rate on accumulated depreciation - 15% tax rate on capital gain. - 5% selling cost. What is the tax due on depreciation recapture at sale