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In 2018, Skylar sold an apartment building for $174,600 cash and a $1,746,000 note due in two years. Skylar's cost of the property was $1,396,800,

In 2018, Skylar sold an apartment building for $174,600 cash and a $1,746,000 note due in two years. Skylar's cost of the property was $1,396,800, and he had deducted depreciation of $838,080, $335,232 of which was in excess of what the straight-line amount would have been.

If required, round any division to two decimal places and your final answers to the nearest dollar.

a. Under the installment sales method, what is Skylar's total realized gain? Under the installment sales method, Skylar's total realized gain is $_________.

b. In 2018, how much 1250 gain does Skylar recognize? How much 1231 gain does he recognize? In 2018, he recognizes 1250 gain of $________ and 1231 gain of $_________.

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