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Assume the capital gains tax rate is 15% and the tax rate due to depreciation is 25%. At sale, if price appreciation is $750,000 and
Assume the capital gains tax rate is 15% and the tax rate due to depreciation is 25%. At sale, if price appreciation is $750,000 and accumulated depreciation is $400,000, what is the total capital gain tax?
Multiple choice question.
$172,500
$287,500
$112,500
$212,500
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