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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 $186,000. He sold the

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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 $186,000. He sold the building in year 6. During the time he held the building he depreciated it by $48,500. What is 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.) a. Moran received $204,000. Amount Description Total Gain/(Loss) Recognized Remaining $1231 gain (loss) b. Moran received $193,000. Amount Description Total Gain/(Loss) Recognized Remaining $1231 gain (loss) c. Moran received $132,000. Amount Description Total Gain/(Loss) Recognized Remaining $1231 gain (loss)

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