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You purchased a building last year and counted a $ 1 0 M in book depreciation this year. However, no actual depreciation has occurred. Now
You purchased a building last year and counted a $M in book depreciation this year. However, no actual depreciation has occurred. Now you are ready to sell the building and accept an offer for $M more than the purchased price a year ago. How much will you owe in capital gains taxes?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
