Stephanie bridges acquired appreciable real property for


On January 1, 2006, Stephanie Bridges acquired appreciable real property for $50,000. She used straight-line depreciation to compute the asset's cost recovery. The asset was sold for $96,000 on January 3, 2015, when its adjusted basis was $38,000.

Assuming the property is residential real property, there is a §1231 gain of $58000, of which $_______ is treated as enraptured § 1250 gain.

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Financial Accounting: Stephanie bridges acquired appreciable real property for
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