Highland Corporation acquired an asset in January of X the original cost was $ The property was year MARS property and was depreciated for book on a year straight line basis.

The property was sold on July of year three for $

MACRS depreciation taken including the year of sale was $ while book depreciation was $

Accordingly, the adjusted basis was $ and the book basis was $

What is the book tax Schedule M adjustment and is it favorableofunfavorable