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what is the right answer? I think it's $800 gain as the asset in year 6 is not eligible for 1245 but I would like

what is the right answer?

I think it's $800 gain as the asset in year 6 is not eligible for 1245 but I would like explanantin

Becker CPA Review 14-9 Wally, Inc., sold the following three personal property assets in year 6 : What is Wally's net 51231 pain or loss in year 6 ? 2. 5500loss b. $300 gain c. 5800 gain d. 51.600gain

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