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For Business Tutor Here is this one 20.. William sold

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For Business Tutor

Here is this one

20.. William sold Section 1245 property for $25,000 in 2010. The property cost
$35,000 when it was purchased 5 years ago. The depreciation claimed on the
property was $16,000.
a. Calculate the adjusted basis of the property.
b. Calculate the recomputed basis of the property.
c. Calculate the amount of ordinary income under Section 1245.
d. Calculate the Section 1231 gain.

Here is this one:



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Customer: replied 5 years ago.
Business tutor,

I don't understand how to upload the files so if you don't mind could you tell me how to do it?

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