Verway,Inc

question 83

Multiple Choice

Verway,Inc. ,has a 2015 net § 1231 gain of $55,000 and had a $62,000 net § 1231 loss in 2014.For 2015,Verway's net § 1231 gain is treated as:

• A)$55,000 ordinary loss.
• B)$55,000 ordinary gain.
• C)$55,000 capital loss.
• D)$55,000 capital gain.
• E)None of the above.

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