A Retail Building Used in the Business of a Sole

question 62

Multiple Choice

A retail building used in the business of a sole proprietor is sold on March 10, 2012, for $342,000. The building was acquired in 2002 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.

Understand the anatomy and physiology of the urinary system.

Recognize preventive measures and treatments for urinary system infections.

Understand the role of hormones in regulating blood pressure and red blood cell production.

Recognize the causes and symptoms of acute and chronic renal diseases.

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Definitions:

Professional Football

A sport involving organized teams competing in football games, often as part of a league, with athletes who play for financial compensation.

Franchise

A system in which entrepreneurs purchase the rights to open and run a business from a larger corporation.

Personal Brand

The unique combination of skills, experiences, and personality that one actively communicates to the world, particularly in professional contexts.

Independence

The state or quality of being self-reliant and free from outside control or not depending on another's authority, support, or resources.