Buzz corporation sold an office building that it used in its business for $500,0

Buzz corporation sold an office building that it used in its business for $500,000. Buzz bought the building for ten years ago for 650,000 and has claimed 200,000 of depreciation expense what is the amount and character if Buzz’s gain or loss?
Buzz corporation sold an office building that it used in its business for $500,000. Buzz bought the building for ten years ago for 650,000 and hasclaimed 200,000 of depreciation expense what is…

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