12. In year 0, Javens, Inc. sold machinery with a fair market value of $450,000 to Chris. The machinerys original basis was $317,000 and Javenss accumulated depreciation on the machinery was $50,000, so its adjusted basis to Javens was $267,000. Chris paid Javens $40,000 immediately (in year 0) and provided a note to Javens indicating that Chris would pay Javens $68,333 a year for six years beginning in year 1. What is the amount of the gain that Javens will recognize in year 0(ordinary and 1231 gain)?