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SUIT UE VIJI. Disregarding land value, Cara purchased a rental building in April 2013 for $295,000. She sold the building in July 2018 for $430,000.

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SUIT UE VIJI. Disregarding land value, Cara purchased a rental building in April 2013 for $295,000. She sold the building in July 2018 for $430,000. The allowable depreciation on the property was $56,314. Under what section of the Internal Revenue Code will the sale of this building fall? O Unrecaptured Section 1250 gain of $56,314; and Section 1231 gain of $135,000. O Section 1245 gain of $56,314; and Section 1231 gain of $135,000. O Unrecaptured Section 1250 gain of $191,314. O Section 1231 gain of $191,314. Mark for follow up

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