A couple of years ago, the company Health4All purchased land, a building, and two depreciable assets...

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A couple of years ago, the company Health4All purchased land, a building, and two depreciable assets from another corporation. All of these have recently been disposed. Use the information shown to determine the presence and amount of any capital gain, capital loss, or depreciation recapture. Asset Land Building Purchase Price, $ Recovery Period, Current Book Sales Price, $ Years Value, $ -220,000 295,000 -800,000 27.5 305,000 255,000 Asset 1 Asset 2 -50,500 3 15,500 17,000 -10,000 3 5,000 16,500 The capital gain (CG) amount for land is determined to be $ The capital loss (CL) amount for building is determined to be $ The depreciation recapture (DR) amount for asset 1 is determined to be $ The depreciation recapture (DR) amount for asset 2 is determined to be $ The capital gain (CG) amount for asset 2 is determined to be $ A couple of years ago, the company Health4All purchased land, a building, and two depreciable assets from another corporation. All of these have recently been disposed. Use the information shown to determine the presence and amount of any capital gain, capital loss, or depreciation recapture. Asset Land Building Purchase Price, $ Recovery Period, Current Book Sales Price, $ Years Value, $ -220,000 295,000 -800,000 27.5 305,000 255,000 Asset 1 Asset 2 -50,500 3 15,500 17,000 -10,000 3 5,000 16,500 The capital gain (CG) amount for land is determined to be $ The capital loss (CL) amount for building is determined to be $ The depreciation recapture (DR) amount for asset 1 is determined to be $ The depreciation recapture (DR) amount for asset 2 is determined to be $ The capital gain (CG) amount for asset 2 is determined to be $