Hero Corporation, a C Corp, disposed of the following assets, all Sec 1231 property, during 2020:...
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Hero Corporation, a C Corp, disposed of the following assets, all Sec 1231 property, during 2020: Asset Office Furniture Building Land Deprec Method MACRS MACRS - SL N/A Cost Accum Adjusted Sale Deprec Basis Price $30,000 $10,000 $22,000 $60,000 $105,000 $50,000 $60,000 $40,000 $100,000 $50,000 $40,000 -0- | How much is Hero Corporation's Sec 1250 ordinary income recapture? Hero Corporation, a C Corp, disposed of the following assets, all Sec 1231 property, during 2020: Asset Office Furniture Building Land Deprec Method MACRS MACRS - SL N/A Cost Accum Adjusted Sale Deprec Basis Price $30,000 $10,000 $22,000 $60,000 $105,000 $50,000 $60,000 $40,000 $100,000 $50,000 $40,000 -0- | How much is Hero Corporation's Sec 1250 ordinary income recapture?
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