Dexter owns a large tract of land and subdivides it for sale. Assume that Dexter meets all of the requirements of S 1237 and during the tax year sells the first eight lots to eight different buyers for $22,000 each, Dexter's basis in each lot sold is $15,000, and he incurs total seling expenses of $900 on each sale. What is the amount of Dexter's capital gain and ordinary Income? If required, round your answers to the nearest dollar. Dexter has a realized and recognized gain of s X, of which X is classified as ordinary income and sx as a capital gain