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Anabella Casanova Enterprises, sold the following three personal property assets in 2020: Asset Purchase Date Cost Accumulated selling Depreciation Price 5/1/2017 $5,000 $3,000 8/13/2018 $1,200
Anabella Casanova Enterprises, sold the following three personal property assets in 2020: Asset Purchase Date Cost Accumulated selling Depreciation Price 5/1/2017 $5,000 $3,000 8/13/2018 $1,200 $500 $2.000 2/18/2020 $3,800 $1,800 $1,500 $2,300 What are Anabella Casanova Enterprises net Section 1231 gain or loss and Section 1245 recapture in 2020? A Section 1231 Section 1245 $500 loss $800 gain Section 1231 $300 gain Section 1245 $300 gain O Section 1231 Section 1245 5800 gain 5500 loss O Section 1231 S300 gain Section 1245 $300 gain Section 1231 5800 gain Section 1245 $800 gain Click Save and Stutto see and submat, click See All Answers to save all ansuers
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