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Can you please help me out with this one, Thanks in advance. A couple of years ago, the company Health4Allpurchased land, a building, and two

Can you please help me out with this one, Thanks in advance.

A couple of years ago, the company Health4Allpurchased land, a building, and two depreciable assets from another corporation. All of these have recently been disposed. Use the information shown to determine the presence and amount of any capital gain, capital loss, or depreciation recapture.

Assets purchase price recovery pd ,yrs book value sales price

LAND -250000 - - 285000

BLDG -800000 27.5 340000 255000

ASSET 1 -50500 3 15500 16500

ASSET 2 -10000 3 5000 13000

The capital gain(CG) amount for land is determined to be

The capital loss (CL) amount for building is determined to be

The depreciation recapture (DR) amount for asset 1 is determined to be

The depreciation recapture (DR) amount for asset 2 is determined to be

The capital gain(CG) amount for asset 2 is determined to be

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