Bateman corporation sold an office building that it used in its business for $800,150. Bateman bought the building ten years ago for $599,925 and has claimed $200,225 of depreciation expense. what is the amount and character of bateman gain or loss?

$40,045 ordinary and $360,405 1231 gain $200,225 ordinary and $200,225 1231gain $400,450 ordinary gain $400,450 capital gain none of the choices are correct