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During 2013, Jons business had the following transactions: (a) He sold a computer system for $15,000 with an adjusted basis $12,000 and accumulated depreciation of

During 2013, Jons business had the following transactions:

(a) He sold a computer system for $15,000 with an adjusted basis $12,000 and accumulated depreciation of $8,000.

(b) He sold a building for $250,000 with an adjusted basis of $230,000 and accumulated depreciation of $17,000.

(c) He sold a truck for $10,000 with an adjusted basis of $15,000.

Two years prior, Jon sold a machine used in his business for $11,000 that had an adjusted basis of $20,000 and accumulated depreciation of $4,000. Jon held all property in this question for more than one year before he sold it. Identify how much of Jons current year income is 1245 recapture ordinary income, 1250 unrecaptured gain, 1231 gain or loss and any 1231 recapture.

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