Question: Select the order in which a gain is allocated when a Section 1 2 3 1 asset is sold. Section 1 2 5 0 recapture,

Select the order in which a gain is allocated when a Section 1231 asset is sold.
Section 1250 recapture, unrecaptured Section 1250 gain, Section 1231 gain
Unrecaptured Section 1250 gain, Section 1231 gain, Section 1250 recapture
Section 1231 gain, Section 1250 recapture, unrecaptured Section 1250 gain
Section 1250 recapture, Section 1231 gain, unrecaptured Section 1250 gain

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