Sandy Cole realized a loss on sale of an investment asset to her mother, Lyane. If the facts and circimstances prove that the selling price wss an arm's length market peice, Sandy can tecognize the loss. True of Fase According to the realization principle, on increase in the value of an asset is not accounted for as income unles5 the amount of the increase can be accurately measured. True or False. CBM Incorporated realized a $429,000 gain on sale of a commercial office bulding that the corporation placed in service in 1995 . Accumulated MACRS depreciation an the complex was $311,800. The entire gain is characterized as Section 1231 gain. Tho or Fatse