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Vernon, Inc., has a 2 0 2 3 net Section 1 2 3 1 gain of $ 5 5 , 0 0 0 and had

Vernon, Inc., has a

2023

net Section

1231

gain of $

55, 000

and had a $

62, 000

net Section

1231

loss in

2022,

For

2023,

Vernon's net Section

1231

gain is treated as:

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