Gain/Loss $1,800 $2,000 = $800 Theft loss on gun collection owned 15 years; Basis $765 Casualty gain on accident involving personal auto held 18 months Gain on sale of depreciable personalty held two years (Depreciation allowed = $1,200; Cost = $2,400) Loss on sale of depreciable asset held four years (Cost = $10,000; Basis = $8,000) Gain on sale of depreciable building held three years (Cost = $15,000; Depreciation = $6,000; Straight-line = $4,000) Gain on sale of land held three years (Cost = $10,000) Loss on sale of common stock held for 16 months (Basis = $4,200) -$2,000 $5,000 $3,000 $1,200 = Complete the following: Enter Here $ 1245 recapture $ 1250 recapture $ 1231 gain or loss) Gain/Loss $1,800 $2,000 = $800 Theft loss on gun collection owned 15 years; Basis $765 Casualty gain on accident involving personal auto held 18 months Gain on sale of depreciable personalty held two years (Depreciation allowed = $1,200; Cost = $2,400) Loss on sale of depreciable asset held four years (Cost = $10,000; Basis = $8,000) Gain on sale of depreciable building held three years (Cost = $15,000; Depreciation = $6,000; Straight-line = $4,000) Gain on sale of land held three years (Cost = $10,000) Loss on sale of common stock held for 16 months (Basis = $4,200) -$2,000 $5,000 $3,000 $1,200 = Complete the following: Enter Here $ 1245 recapture $ 1250 recapture $ 1231 gain or loss)