How much is the realized gain?

Without changing any calculations above, assume that John sold a piece of machinery from his business to another third party. The original cost basis was $100,000 and the 4 years of accumulated depreciation was $87,610, Answer the questions below this was sold for $35,000 on August 15, 2024. What is the realized gain, the Section 1245 gain, Section 1250 gain, and the Section 1231 gain that would be reported? Sales Proceeds $35,000 Less: Adjusted Basis ($12,390) Realized Gain $22,610 Section 1245 Gain $22,610 Section 1250 Gain 30 1250 applies to real property. The sale pertains to equipment/machinery section 1231 Gain a0) All of the gain in already captured under Section 1245