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Given the following information, calculate the taxes due on sale for the following fully taxable sale: net sale proceeds: $1,632,085; adjustable basis: $830,000; depreciation recapture:

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Given the following information, calculate the taxes due on sale for the following fully taxable sale: net sale proceeds: $1,632,085; adjustable basis: $830,000; depreciation recapture: $150,000; capital gain tax: 25%; depreciation recapture tax: 25%

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