47. Sam received a Section 1245 asset (heavy truck) that his grandfather used and depreciated in connection with a trade or business. At the time Sam received the truck, the FMV was $12,000, original cost $50,000 and tax depreciation taken $45,000 Briefly explain (including citation of Code where appropriate) how Sam will be impacted by the Sec 1245 recapture rules if he immediately sells the truck for $12,000 under each scenario below: Case 1: He inherited the truck from his grandfather Case 2: He received the truck as a gift from his grandfather