In 2010, Felix sold a piece of equipment from Felixs business for $225,000. The equipment was purchased in 2006 for $135,000. It had a useful life of five years and was depreciated on a straight-line basis. A total of $94,500 depreciation was taken (prior to the sale). What is Felixs recognized gain on the sale? a. $0 b. $90,000 c. $94,500 d. $184,500 Refer to the facts stated in the prior question. What amount of the gain will be recaptured at ordinary income rates? a. $0 b. $90,000 c. $94,500 d. $184,500