Problem: Kendall whose tax rate is 32%, owns an office building which she purchased for $900,000 on March 18 of last year. The building is sold for $950,000 on February 20 of this year when the adjusted basis of the building was $876,000. The tax results to Kendall are Group of answer choices (not sure) $24,000 1250 unrecaptured gain taxed at 25% and $50,000 1231 gain taxed at 15%. $74,000 ordinary income taxed at 32%. $74,000 1231 gain taxed at 15%. $24,000 1231 gain taxed at 15% and $50,000 ordinary income taxed at 32%