On October 1, 2023, Atkins Corporation, a C corporation, sold a commercial office building for $900,000 that it was renting to numerous commercial businesses. Atkins Corporation purchased the office building in 2011 for $840,000 and it took $240,000 of modified accelerated cost recovery (MACRS) deductions on the office building. What is the amount and character of the gain from the sale of the commercial office building if Atkins is an individual taxpayer rather than a C corporation?

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