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Tax Accounting Jason, a sole propriator, sold a warehouse for $200,000. The warehouse's cost was $250,000 and she took $75,000 of accumulated depreciation using a

Tax Accounting Jason, a sole propriator, sold a warehouse for $200,000. The warehouse's cost was $250,000 and she took $75,000 of accumulated depreciation using a straight-line method. How much section 1231 gain will be recognized. (Include any unrecaptured 1250 gains subject to the 25% tax rate.)

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Based on the information above, if Jason was a C-Corporation, how much 1231 gain would he recognize?

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