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Question 7 Ewing Corporation sold an office building that it used in its business for $ 8 7 4 , 5 4 7 . Ewing

Question 7
Ewing Corporation sold an office building that it used in its business for $874,547.
Ewing bought the building ten years ago for $734,616 and has claimed $519,377
of depreciation expense. What is the amount of the 1231 capital gain for Ewing
Corporation?
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