Question: Langtry Corporation recognized $ 7 9 8 , 0 0 0 ordinary income, $ 1 3 , 0 0 0 net Section 1 2 3

Langtry Corporation recognized $798,000 ordinary income, $13,000 net Section 1231 loss, and $6,000 net capital loss this year. Langtry's taxable income is $785,000.points02:45:13True or False

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