Aqua Corporation purchases nonresidential real property on May $8,2018,$ for $$2,920,000.$ Straight$-$line cost recovery is taken in the amount of $$292,000$ before the property is sold on November $27,2021,$ for $$4,380,000.$

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a$.$ Compute the amount of Aqua's recognized gain on the sale of the realty.

$fill in the blank f$50$b$71$f$66062$fe$4\_1$

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b$.$ Determine the amount of the recognized gain that is treated as $1231$ gain and the amount that is treated as $1250$ recapture $($ordinary income due to $291).$

$1231$ gain: $fill in the blank $302$b$1105706$afa$3\_1$

$1250$ recapture $($ordinary income due to $291)$: $fill in the blank $302$b$1105706$afa$3\_2$