Aqua Corporation purchases nonresidential real property on May 8, 2015, for $2,690,000. Straight-line cost recovery is taken in the amount of $269,000 before the property is sold on November 30, 2018, for $4,035,000.

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

b. Determine the amount of the recognized gain that is treated as 1231 gain and the amount that is treated as 1250 recapture due to 291. 1231 gain: $________ 1250 recapture due to 291: $________