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Moran owns a building he bought during year o for $231,000. He sold the building in year 6 . During the time he held the

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Moran owns a building he bought during year o for $231,000. He sold the building in year 6 . During the time he held the building, he depreciated it by $35750. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following altemative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. Problem 11-44 Part-c (Algo) c. Moran received $180,000

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