Forrow Corporation purchased Residential Real Estate at a cost of 200000 Accelerated Accumulated Depreciation in the amount of $174,000 had been correctly claimed on the property when the property was sold for $360,000. Suaight-Line Depreciation would have been $152.000. On the sale, Forrow Corporation would have $22,000 Section 1250 Gain (Ordinary Income) and 5312,000 Section 1231 Gain (Long-Term Capital Gain) $334,000 Section 1231 Gain (Long-Term Capital Gain) 5334 000 Section 1250 Gain (Ordinary income) 552 400 Section 1250 Gain (Ordinary income) and $281.600 Section 1231 Gain (Long-Term Capital Gain)