Firm OCS sold business equipment with a $24,500 initial cost basis and $11,365 accumulated tax depreciation. In each of the following cases, compute OCSs recaptured ordinary income and Section 1231 gain or loss on the sale.

Required:

Amount realized was $10,900.

Amount realized was $13,900.

Amount realized was $18,400.

Amount realized was $27,900.

Note: For all requirements, losses should be indicated with a minus sign. Leave no cell blank. Enter "0" for cells that do not have an amount.

	Amount
a. Recaptured ordinary income of
a. Section 1231 gain or (loss)
b. Recaptured ordinary income of
b. Section 1231 gain or (loss)
c. Recaptured ordinary income of
c. Section 1231 gain or (loss)
d. Recaptured ordinary income of
d. Section 1231 gain or (loss)