Question: In the Current year Madison sold section 1245 property for $6000. The property for 6000. The property cost 26,000 when it was purchased 5 years

In the Current year Madison sold section 1245 property for $6000. The property for 6000. The property cost 26,000 when it was purchased 5 years ago. The depreciation claaimed on the property was 24,000 Calculate the section 1231 gain

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