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Ewing Corporation sold an office building that it used in its business for $822,056. Ewing bought the building ten years ago for $759,058 and has
Ewing Corporation sold an office building that it used in its business for $822,056. Ewing bought the building ten years ago for $759,058 and has claimed $501,758 of depreciation expense. What is the amount of ordinary income for Ewing Corporation?
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