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During 2022, Wendy sold low-income housing property for $320,000. Her original purchase price was $275,000, and she had properly deducted $148,500 of depreciation. What is

During 2022, Wendy sold low-income housing property for $320,000. Her original purchase price was $275,000, and she had properly deducted $148,500 of depreciation. What is the amount and character of Wendy's gain?

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