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Ricardo acquired a warehouse for business purposes on August 30, 1992. The building cost $200,000. He took $133,333 of depreciation on the building and then

Ricardo acquired a warehouse for business purposes on August 30, 1992. The building cost $200,000. He took $133,333 of depreciation on the building and then sold it for $350,000 on July 1, 2009. What are the amount and nature of Ricardos gain or loss on the sale of the warehouse

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