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Lala's (a local restaurant) owned land next door that it bought for $200,000 and will sell for $2,000,000! Bought about 8 years ago. What is

Lala's (a local restaurant) owned land next door that it bought for $200,000 and will sell for $2,000,000! Bought about 8 years ago. What is the gain or loss realized? What is the gain or loss reconized? What is the "character" of the gain or loss?

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