Examlex
Pedro sells a building for $170,000 in 2014. He paid $145,000 for the building and it had an adjusted basis of $110,000 as of the sale date. I. If the building was purchased in 1993 and MACRS straight-line depreciation is used, $35,000 of the gain is recaptured under section 1250. II. If the building is an apartment building purchased in 1985, only the gain which is attributable to excess depreciation is recaptured as ordinary income under Section 1250. III. If the building was purchased in 1993, $35,000 of the gain is unrecaptured section 1250 gain, and $25,000 of the gain is a section 1231 gain.
Normally Distributed
Describes a distribution of data that follows a bell curve, where most occurrences take place near the mean.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.
Bottling Machine
Equipment used for filling bottles with liquid products, such as water, soda, or beer, and sealing them for distribution.
Normal Model
A type of statistical distribution, also known as the Gaussian distribution, characterized by a symmetric bell-shaped curve.
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