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Sunflower Co. sold two operating assets this year. The first sale created a $38,700 Section 1231 gain, and the second sale created a $59,400 Section

Sunflower Co. sold two operating assets this year. The first sale created a $38,700 Section 1231 gain, and the second sale created a $59,400 Section 1231 loss. As a result of these sales, Sunflower should recognize: Group of answer choices $20,700 ordinary loss $38,700 Section 1231 gain treated as capital gain and $59,400 ordinary loss $20,700 capital loss None of the above

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