Becker CPA Review 14-10 Wally, Inc., sold the following three personal property assets in year 6: Asset Purchase Date Cost Accumulated Depreciation Selling Price A 5/1/year 3 $5,000 $3,000 $2,300 B 8/13/year 4 1,200 500 2,000 C 2/18/year 6 3,800 1,800 1,500 What is Wally's 1245 recapture in year 6? Oa. $500 loss Ob. $300 gain c. $800 gain Od. $1,600 gain