! Required information Problem 11-44 (LO 11-3, LO 11-4) (Algo) (The following information applies to the questions displayed below.) Moran owns a building he bought during year O for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are 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. Leave no answer blank. Enter zero if applicable.) Problem 11-44 Part-a (Algo) a. Moran received $166,000. Amount Description Total Gain/(Loss) Recognized Unrecaptured $1250 gain (and $1231 gain) Remaining $1231 gain (loss) $ 0 ! Required information Problem 11-44 (LO 11-3, LO 11-4) (Algo) [The following information applies to the questions displayed below.] Moran owns a building he bought during year o for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are 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. Leave no answer blank. Enter zero if applicable.) Problem 11-44 Part-b (Algo) b. Moran received $212,000. Amount Description Total Gain/(Loss) Recognized Remaining $1231 gain (loss)