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The Giver Apartments were acquired five years ago by an investor for SIOMM and sold for 512 5MM. Assume the following accumulated depreciation on the

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The Giver Apartments were acquired five years ago by an investor for SIOMM and sold for 512 5MM. Assume the following accumulated depreciation on the property is $1.03MM the total Tenant improvements and Capital Improvements over 5 years have been $320,495 25% tax rate on accumulated depreciation - 15 tax rate on capital gains 5. selling costs What is the Adjusted Cost Basis of the building (round to nearest dollar)

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