1 John and Mary had the following transactions for 2020. Calulate net capital gain/loss, how much to deduct in 2020 and any carryford to 2021 Short Term capital loss Long term capital gain Long term capital loss (4,000) 20,000 (40,000) 2 John purchased an office building in 2010 for $400,000. In 2020 he sells the building for $850.000. John's remaining mortgage on the building was $200,000. The buyer paid $650,000 and assumed the remainig debt on the building. John had taken $100,000 depreciation on the building. Calculate a Adjusted basis in the building b Any realized gain or loss on the building