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! Required information (The following information applies to the questions displayed below.) Moran owns a building he bought during year o for $200,000. He sold

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! Required information (The following information applies to the questions displayed below.) Moran owns a building he bought during year o for $200,000. He sold the building in year 6. During the time he held the building, he depreciated it by $54,500. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? (Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answer blank. Enter zero if applicable.) c. Moran received $141,000. Amount $ Description Total Gain/(Loss) Recognized Unrecaptured $1250 gain (and $1231 gain) Remaining $1231 gain (loss) (4,500) 54,500 $ $ 59,000

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