Mark is a real estate and financial consultant who owns and operates his own business as a sole proprietor. His adjusted gross income, excluding the items below is $48,000. The following information relates to his current year activities and income tax. a. land adjacent to his office was purchased during 2015 for an anticipated expansion. It cost $10,000 but was sold later in the year for $16,000. It was sold Dec 31. 2015. b. His manufacturing equipment is sold for $250,000 in anticipation of moving to a different location. The equipment was purchased in 1994 for $200,000. Depreciation taken on the equipment was $12S.000. Sold Dec 31. 2015. c. Office furniture that cost $20,000 and was fully depreciated is sold for $6,000. Bought in 2012 and sold at the end of 2015. d. 200 shares of Microsoft stock that were worth $24,000 is sold. The stock is held In the business name and had a cost of $18,000. Bought Jan 2. 2010 and sold Dec 1, 2015. e. Mark's automobile, which he used 100% for business and had cost him $18,000 in 2010 is sold for $8,000 on June 1, 2015. Depreciation of $6,000 had been taken on the automobile. REQUIRED: Fill in the following table by listing the amount and proper treatment of the recognized gain or Joss from each of the above transactions. Identify by using the amount by each letter a-e. a. b. c. d