gain or loss are the dropdown options.

Exercise 17-27 (Algorithmic) (LO. 4) An individual taxpayer has $109,400 of 1231 gain from the disposition of nonresidential real estate. Straight-line depreciation of $185,980 was deducted on the real estate. The taxpayer also has a 1231 loss of $246,150 from the sale of equipment. How much of the 1231 gain is taxed as unrecaptured 1250 gain? If an amount is zero, enter "O". $ of the gain taxed as unrecaptured 1250 gain because there is a net 5 1231 for the year of $