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Question 19 When depreciable property is sold and accumulated depreciation at the date of sale is $500,000, the recapture tax is: A. $125,000. B. $400,000.
Question 19
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When depreciable property is sold and accumulated depreciation at the date of sale is $500,000, the recapture tax is: A. $125,000. B. $400,000. C. $100,000. D. $75,000.
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