Business & farm


@moolelechip wrote:

 

net proceeds  221955

cost basis         72548

lt gain              149407

accum dep.     107000


 

If the Cost was only $72,548, how did you have $107,000 of depreciation?

 

Or did you mean the Cost was $177,548, and after the $107,000 of depreciation your Adjusted Basis was $72,548?