Moran received $196,000. (Leave no answer blank. Enter zero if applicable.)Moran owns a building he bought during year 0 for $215,000. He sold the building in year 6. During the time he held the building he depreciated it by $51,500.

1) What is the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? (Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable.)

a) Total gain/loss recognized?____

b) Unrecaptured 1250 gain(and 1231 gain)

c) Remaining 1231 gain/loss $ 0

Moran received $241,000

a) Total gain/loss recognized?____

b) Unrecaptured 1250 gain(and 1231 gain)

c) Remaining 1231 gain/loss

Moran received $155,000. (Leave no answer blank. Enter zero if applicable.)

a) Total gain/loss recognized?____

b) Unrecaptured 1250 gain(and 1231 gain) $0

c) Remaining 1231 gain/loss ?_______

a)