apter 8 Saved Help Save & Exit Sub Check my wo This year, Sigma Inc. generated $637,500 income from its routine business operations. In addition, the corporation sold the assets, all of which were held for more than 12 months. Initial Acc. Basis Depr.* Sale Price 110,800 88,640 38,000 223,500 s 165,200 e 73,75e Marketable securities Production equipment Business realty: e 236,750 Land Building 206,000 61,800 231,880 Through date of sale. a. Compute Sigma's taxable income assuming that it used the straight-line method to calculate depreciation on the building and has b. Recompute taxable income assuming that Sigma sold the securities for $169,400 rather than $73,750. nonrecaptured Section 1231 losses. Complete this question by entering your answers in the tabs below Required B Required A Compute Sigma's taxable income assuming that it used the straight-line method to calculate depreciation on the building and has no nonrecaptured Section 1231 losses. xable income Required B> sold the following assets, all of which were held for more than 12 months. Initial . sis Depr.+ Sale Price $ 165,20e 73,758 110,8e0 88,64 38,88e Marketable securities Production equipment Business realty: ped 0 236,750 206,000 61,800 231,800 223,5e0 Land Building ok Through date of sale. ble income assuming that it used the straight-line method to calculate depreciation on the building and has a. Compute Sigma's taxa no nonrecaptured Section 1231 losses b. Recompute taxable income assuming that Sigma sold the securities for $169,400 rather than $73.750. es Complete this question by entering your answers in the tabs below Required B Required A Recompute taxable income assuming that Sigma sold the securitles for $169,400 rather than $73,750