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Moran owns a building he bought during year 0 for $ 2 0 1 , 0 0 0 . He sold the building in year
Moran owns a building he bought during year for $ He sold the building in year During the time he held the building, he depreciated it by $
What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answer blank. Enter zero if applicable.
c Moran received $
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