1. Jose purchased an office building (excluding land) for $1,000,000 and used the office building in his business. While Jose owned the office building, he took $100,000 worth of straight-line depreciation on the building. Jose sold the property in 2017 for $1,150,000. This was the only property Jose disposed of in 2017. Jose is in the 39.6% marginal tax bracket in 2017.

A. What is the amount of Joses section 1250 recapture on the sale of the property?

B. What amount of Joses gain on the sale of the property is unrecaptured 1250 gain?