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On January 1st 20 times 0 you purchase a building: On December 31st 20 times 8 you sell the building and report a gain of

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On January 1st 20 times 0 you purchase a building: On December 31st 20 times 8 you sell the building and report a gain of $406001.46 If the method of straight-line depreciation is used, how much cash was the building sold for? Select one: $4001328.45 $2855423.31 $2630715.38 $3841083.89

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