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Brown Corporation purchased a building in 1987 for $1,500,000. In 2021, Brown sold it for $250,000 and received $200,000 in cash upon settlement. The remaining balance was expected to be received in 2022. Brown had recorded $1,000,000 of depreciation on its tax returns, while the statutory depreciation was $1,150,000 over that period. On its 2021 tax return, Brown should report a loss of: $300,000 b. $250,000 C. $150,000 d. $100,000 a