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Aqua Corporation purchases nonresidential real property on May 8 , 2 0 1 9 , for $ 1 , 8 9 0 , 0 0
Aqua Corporation purchases nonresidential real property on May for $ Straightline cost recovery is taken in the amount of $ before the property is sold on November for $aCompute the amount of Aqua's recognized gain on the sale of the realty.bDetermine the amount of the recognized gain that is treated as gain and the amount that is treated as recapture ordinary income due to gain: $ recapture ordinary income due to : $
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