A Retail Building Used in the Business of a Sole

question 65

Multiple Choice

A retail building used in the business of a sole proprietor is sold on March 10, 2017, for $342,000. The building was acquired in 2007 for $400,000 and straight-line depreciation of $104,000 had been taken on the building. What is the maximum unrecaptured § 1250 gain from the disposition of this building?

• A)$400,000
• B)$322,000
• C)$104,000
• D)$26,000
• E)None of the above

Recognize characteristics of the concrete operations period.

Understand gender differences in self-concept.

Understand the influence of parenthood, including divorce and the sexuality of parents, on child development.

Recognize factors influencing self-esteem and psychological adjustment in middle childhood.

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Definitions:

Variables

Elements, features, or factors that are likely to vary or change and can be manipulated, measured, or controlled in scientific research.

Independent Variable

A factor or condition that is intentionally varied by the researcher to observe its impact on the dependent variable in an experiment.

Dependent Variable

In an experiment, it is the variable that is being tested and measured, expected to change as a result of manipulations to the independent variable.

Gustav Theodor Fechner

A German philosopher, physicist, and experimental psychologist, known as a founder of psychophysics, which quantifies the relationships between physical stimuli and the sensations and perceptions they affect.