Question: please show work, I will upvote! 4) What would be the taxable gain (loss) on a property given the following information? Sale price Repairs and

please show work, I will upvote!

4) What would be the taxable gain (loss) on a property given the following information? Sale price Repairs and Maintenance Brokers commission Depreciation Utilities Original purchase price Cost of a new roof $6,500,000 5,000 6% 1,000,000 3,500 3,000,000 250,000

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