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This year, Sigma Inc. generated $656,000 income from its routine business operations. In addition, the corporation sold the following assets, all of which were held

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This year, Sigma Inc. generated $656,000 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 10 points Acc. Depr.* Sale Price Basis Marketable securities Production equipment Business realty 182,000 $ 8 64,508 50,750 96,800 77,440 eBook Land Building 214, 500 248,800 0 234,250 74,408 243,90 Print References 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 $188,500 rather than $64,500. Complete this question by entering your answers in the tabs below RequiredA 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. axable income Required A Required B>

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