Aqua Corporation purchases nonresidential real property on May 8, 2017, for $1,660,000. Straight-line cost recovery is taken in the amount of $166,000 before the property is sold on November 27, 2020, for $2,490,000. a. Compute the amount of Aqua's recognized gain on the sale of the realty. S 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: $