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Mr. Wonderful purchased a piece of property for $100,000 in 2015. In 2016, he added a swimming pool in his back yard for a cost

Mr. Wonderful purchased a piece of property for $100,000 in 2015. In 2016, he added a swimming pool in his back yard for a cost of $50,000. In 2017, he sold the entire property for $175,000. What is his gain or loss on the sale of the prope

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