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Proctor Inc. was incorporated in 2004 and adopted a calendar year. Here is a schedule of Proctor's net Section 1231 gains and (losses) reported on its tax returns through 2009. In 2010, Proctor recognized a $25,000 gain on the sale of business land. How is this gain characterized on Proctor's tax return?
Marital roles
The patterns of behavior and responsibilities expected of individuals based on their position within a marriage, often culturally defined.
Egalitarian relationship
A relationship based on the principles of equality, where both parties share rights and responsibilities equally.
Decision-making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions to achieve a goal.
Premium Rate
The cost of insurance coverage expressed as a price per unit of coverage.
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