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Corp A sells an IRC 1 2 4 5 asset for $ 1 0 0 , 0 0 0 , The original cost of the
Corp A sells an IRC asset for $ The original cost of the asset was $ but Corp. A has claimed accumulated deprecation deductions of $ If Corp. A had used straightline depreciation, the accumulated amount would have been $ What is the amount and nature of the taxable gain?
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