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Gaston Corporation distributes $ 1245 property as a dividend to its shareholders. The property's fair market value is $866,800, and the adjusted basis is $823,460.

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Gaston Corporation distributes $ 1245 property as a dividend to its shareholders. The property's fair market value is $866,800, and the adjusted basis is $823,460. In addition, the amount of the recapture potential is $82,346. What is the amount and character of Gaston's gain or loss? As result of the distribution, Gaston recognizes of

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