QUESTION 19 Taxpayer sells a building, land, and equipment for $2 million. The building had basis of $500,000 and depreciation deductions of $50,000. The land had basis of $250,000. The equipment had basis of $300,000 and depreciation deductions of $250,000. What is the adjusted basis of all 1250 property in this transaction? O $50,000 O $750,000 O $450,000 $700.000