BC Inc. has the opportunity to sell it’s building to James Inc. for $4,300,000.

BC Inc. has the opportunity to sell it’s building to James Inc. for $4,300,000. The property has a basis of $1,900,000 and the buyer is willing to wait up to six months to occupy the property to allow ABC Inc. with enough time to locate and purchase a new building. ABC Inc. has a marginal tax rate of 35%.
Explain the alternatives that ABC Inc. should consider and what are the tax consequences of the alternatives.
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