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ter Saved Help Save 8 This year, Sigma Inc. generated $636,000 income from its routine business operations. In addition, the corporation sold the following assets, all of which were held for more than 12 months. Initial Acc. Basis Depr.* Sale Pri S157,600 $ Marketable securities Production equipment Business realty: 0 74,000 36,000 115, 600 92,480 Land Building 235,500 0 241,750 263,000 78,900 218,000 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 no nonrecaptured section 1231 losses b. Recompute taxable income assuming that Sigma sold the securities for $174,000 rather than $74,000 Complete this question by entering your answers in the tabs below RequiredA Required B 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 axable income Required B > This year, Sigma Inc. generated $636,000 income from its routine business operations. In addition, the corporation sold the following assets, all of which were held for more than 12 months. Initial Basis Acc. Depr. Sale Price S157,600 $ Marketable securities Production equipment Business realty: 0 74,000 36,000 115, 600 92,480 Land Building 235,500 0 241,750 263,000 78,900 218,000 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 no nonrecaptured Section 1231 losses b. Recompute taxable income assuming that Sigma sold the securities for $174,000 rather than $74,000 Complete this question by entering your answers in the tabs below Required A Required B Recompute taxable income assuming that Sigma sold the securities for $174,000 rather than $74,000 axable income Required A RequiredB