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For each of the following sales of business-use property, click in the associated cell and enter the appropriate amount. If a value is zero, enter

For each of the following sales of business-use property, click in the associated cell and enter the appropriate amount. If a value is zero, enter a zero (0).

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For each of the following sales of business-use property, click in the associated cell and enter the appropriate amount. If a value is zero, enter a zero (0). Accumulated Depreciation (Beg. of Year) Current Year Depreciation Original Cost Depreciation Recapture Section 1231 Gain (Loss) $5,000 Sales Price 2 Equipment owned for 4 years $80,000 $11,000 $35,000 123 $46,000 3 Automobile owned for 2 years $40,000 123 $8,000 ($4,000) $0 $15,000 $4,000 Office furniture owned for 7 years $15,000 $3,000 $2,000 123 123 Building owned by an individual for 5 years $100,000 $12,500 $95,000 $10,000 123 123 Building owned by a corporation for 10 years $250,000 $65,000 $200,000 $4,300 For each of the following sales of business-use property, click in the associated cell and enter the appropriate amount. If a value is zero, enter a zero (0). Accumulated Depreciation (Beg. of Year) Current Year Depreciation Original Cost Depreciation Recapture Section 1231 Gain (Loss) $5,000 Sales Price 2 Equipment owned for 4 years $80,000 $11,000 $35,000 123 $46,000 3 Automobile owned for 2 years $40,000 123 $8,000 ($4,000) $0 $15,000 $4,000 Office furniture owned for 7 years $15,000 $3,000 $2,000 123 123 Building owned by an individual for 5 years $100,000 $12,500 $95,000 $10,000 123 123 Building owned by a corporation for 10 years $250,000 $65,000 $200,000 $4,300

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