Mr. Briggs purchased an apartment complex on January 10, 2013, for $2 million with 10% of the price allocated to land. He sells the com- plex on October 22, 2015, for $2.5 million. Assume that 10% of the $2.5 million selling price is allocated to land and 90% is allocated to the building. a. How much depreciation was allowed for 2013? b. How much depreciation is allowed for 2015? c. Will any of the gain be ordinary income? d. What is the amount of gain and the character of the gain on the sale of the building? e. What is the amount of gain and the character of the gain on the sale of the land? f. Will any of the gain be taxed at 25%?