This year, Sigma Inc. generated $630,750 income from its routine business operations. In addition, the corporation sold the following assets, all of which were held for more than 12 months Initial Ace. Basis Depr. Sale Price Marketable securities Production equipment Business realty: 169,600 0 72,250 94,000 75,200 36,250 Land Building 177,000 207,000 62,100 243,500 0 183,750 Through date of sale. a. Compute Sigma's taxable income assuming that it used the straight-line method to calculate depreciation on the building and has no nonrecaptured Section 1231 losses. b. Recompute taxable income assuming that Sigma sold the securities for $194,400 rather than $72,250 Complete this question by entering your answers in the tabs below. Required A Required B Recompute taxable income assuming that Sigma sold the securities for $194,400 rather than $72,250 This year, Sigma Inc. generated $630,750 income from its routine business operations. In addition, the corporation sol assets, all of which were held for more than 12 months. Initial Acc. Basis Depr.* Sale Price 94,000 75,200 36,250 177,000 0 72,250 Marketable securities Production equipment Business realty: 169,600 0 183,750 Land Building 207,000 62,100 243,500 Through date of sale. a. Compute Sigma's taxable income assuming that it used the straight-line method to calculate depreciation on the buildin no nonrecaptured Section 1231 losses. b. Recompute taxable income assuming that Sigma sold the securities for $194,400 rather than $72,.250. Complete this question by entering your answers in the tabs below. Required A Required B Compute Sigma's taxable income assuming that it used the straight-line method to calculate depreciation on the building and has no nonrecaptured Section 1231 losses. ble income