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This year, Sigma Incorporated generated $618,000 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 Incorporated generated $618,000 Income from its routine business operations. In addition, the corporation sold the following assets, all of which were held for more than 12 months Accumulated Initial Basis Depreciation Sale Price Marketable securities $ 160,8ee $ $ 71,250 Production equipment 111,600 89,280 30, see Business realty Land 239,250 e 242,750 Building 292,000 87,600 236,000 *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 $177,600 rather than $71,250. Complete this question by entering your answers in the tabs below. Required A Required B 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 $177,600 rather than $71,250. 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 incomo Route Required B> *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 $177.600 rather than $71,250. 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 $177,600 rather than $71,250. Taxable income

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