Problem 08-31 (Static) [LO 8-1, 8-4, 8-5, 8-7, 8-8] EzTech, a calendar year accrual basis corporation, generated $994,300 ordinary income from its business this year. It also sold the following assets, all of which were held for more than 12 months: "Through date of sale. EzTech used the straight-line method to calculate depreciation on the warehouse and has no nonrecaptured Section 1231 losses. Required: a. Compute EzTech's taxable income. b. Recompute taxable income assuming that EzTech used the land in its business instead of holding it for investment. Complete this question by entering your answers in the tabs below. Compute ExTech's taxable income