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Rayburn corporation has a building that is bought during year 0 for $850,000. it sold the...

Rayburn corporation has a building that is bought during year 0 for $850,000. it sold the building in year 5. During the time it held the building, Rayburn depreciated it by $100,000.
a.) what is the 1231 gain or loss that will be recognized on the sale if Rayburn corporation receives $835000
b.) what is the 1231 gain or loss that will be recognized on the sale if Rayburn corporation receives $890,000
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