Victoria's company purchased business real estate many years ago that is used in her business.  The purchase price of the property was $1,000,000.  The company has taken depreciation deductions of $800,000 - $500,000 of which is attributable to straight line depreciation.  If the company sells the property today for $2,000,000, what is the tax consequence?  $1,800,000 taxed at 20% $300,000 taxed at ordinary income; $500,000 taxed at 25%; and $1,000,000 taxed at 20%  $1,500,000 taxed at 20% $500,000 taxed at 25%; $1,000,000 taxed at 20%

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