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Davis Corporation, a calendar year corporation sold several business use assets during the current year Information regary company purchased these assets more than one year

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Davis Corporation, a calendar year corporation sold several business use assets during the current year Information regary company purchased these assets more than one year ago. The building and warehouse were depreciated using the straight-line method In the table below, enter the amounts of recognized gain(loss): Section 1245, 1250, and 291 recapture and Section 1231 gain (loss) for each asset sold during the year. Enter gains as positive amounts and losses as negative amounts. If a response is zero, enter a zero (0) Recognized Gain (Loss) Section 1245 Recapture Section 1250 Recapture Section 291 Recapture Section 1231 Gain (Loss) Recognized Gain (Loss) Section 1245 Recapture Section 1250 Recapture Section 291 Recapture Section 1231 Gain (Loss) 2 Office Furniture 3 Equipment 4 Building 5 Warehouse 6 Land 7 Computers 8 Totals + Cut Copy Paste Davis Corporation, a calendar-year corporation, sold several business-use assets during the current year. Information regarding the asset sales is provided in the exhibit. The company purchased these assets more than one year ago. The building and warehouse were depreciated using the straight-line method In the table below, enter the amounts of recognized gain(loss)Section 1245, 1250, and 291 recapture, and Section 1231 gain (loss) for each asset sold during the year. Enter ga as positive amounts and losses as negative amounts. If a response is zero, enter a zero (0) Recognized Gain (Loss) Section 1245 Recapture Section 1250 Section 291 Section 1231 Gain (Loss) etion 1231 2 Office Furniture 3 Equipment Recognized Gain (Loss) Section 1245 Recapture Section 1250 Recapture Section 291 Recapture Section 1231 Gain (Loss) 2 Office Furniture 3 Equipment 4 Building 5 Warehouse 6 Land 7 Computers 8 Totals Davis Corporation, a calendar year corporation sold several business use assets during the current year Information regary company purchased these assets more than one year ago. The building and warehouse were depreciated using the straight-line method In the table below, enter the amounts of recognized gain(loss): Section 1245, 1250, and 291 recapture and Section 1231 gain (loss) for each asset sold during the year. Enter gains as positive amounts and losses as negative amounts. If a response is zero, enter a zero (0) Recognized Gain (Loss) Section 1245 Recapture Section 1250 Recapture Section 291 Recapture Section 1231 Gain (Loss) Recognized Gain (Loss) Section 1245 Recapture Section 1250 Recapture Section 291 Recapture Section 1231 Gain (Loss) 2 Office Furniture 3 Equipment 4 Building 5 Warehouse 6 Land 7 Computers 8 Totals + Cut Copy Paste Davis Corporation, a calendar-year corporation, sold several business-use assets during the current year. Information regarding the asset sales is provided in the exhibit. The company purchased these assets more than one year ago. The building and warehouse were depreciated using the straight-line method In the table below, enter the amounts of recognized gain(loss)Section 1245, 1250, and 291 recapture, and Section 1231 gain (loss) for each asset sold during the year. Enter ga as positive amounts and losses as negative amounts. If a response is zero, enter a zero (0) Recognized Gain (Loss) Section 1245 Recapture Section 1250 Section 291 Section 1231 Gain (Loss) etion 1231 2 Office Furniture 3 Equipment Recognized Gain (Loss) Section 1245 Recapture Section 1250 Recapture Section 291 Recapture Section 1231 Gain (Loss) 2 Office Furniture 3 Equipment 4 Building 5 Warehouse 6 Land 7 Computers 8 Totals

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