Trudi Corporation has a building that it needs to sell or exchange because of growth in its business. If Trudi sells the building, it will have a…

18. Trudi Corporation has a building that it needs to sell or exchange because of growth in itsbusiness. If Trudi sells the building, it will have a gain of $450,000. What is the amount oftaxes that Trudi will avoid paying if it can exchange the building? The corporation has$1,000,000 of taxable income from operations for the current year.a. $90,000b. $153,000c. $175,500d. $450,000e. None of the above

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