This year, Sigma Inc. generated $650,250 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 Acc. Sale Basis Depr. * Price $ 181,200 $ 0 $ 69, 250 103,200 82,560 43,550 Marketable securities Production equipment Business realty: Land Building 176,250 203,000 0 60,900 209,750 229,500 *Through date of sale. Required: 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 $194,000 rather than $69,250. 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. Taxable income This year, Sigma Inc. generated $650,250 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 . . Basis Depr. * $ 181,200 $ 0 103,200 82,560 Sale Price 69, 250 43,550 $ Marketable securities Production equipment Business realty: Land Building 176,250 203,000 0 60,900 209,750 229,500 *Through date of sale. Required: 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 $194,000 rather than $69,250. 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 $194,000 rather than $69,250. Taxable income