Please help with 1st question

Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to This year, Sigma Inc. generated $666,750 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. Sale Basis Depr. * Price Marketable securities $ 179, 200 0 $ 78, 750 Production equipment 132, 400 105, 920 36, 350 Business realty: Land 236, 250 247, 750 Building 273, 500 82 , 050 241, 090 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 $186,000 rather than $78,750. * Answer is not complete. Complete this question by entering your answers in the tabs below. hp