my Work Mode: This shows what is correct or incorrect for the work you have completed...

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my Work Mode: This shows what is correct or incorrect for the work you have completed so far. Required information [The following information applies to the questions displayed below.] Moran owns a building he bought during year 0 for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. a. Moran received $166,000. Answer is complete but not entirely correct. Amount $ (29,000) Description Total Gain or (Loss) Recognized Unrecaptured $1250 gain (and $1231 gain) S (29,000) Remaining $1231 gain or (loss) 0 Required information [The following information applies to the questions displayed below.] Moran owns a building he bought during year O for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. b. Moran received $212,000. Description Total Gain or (Loss) Recognized Unrecaptured $1250 gain (and 51231 gain) Remaining $1231 gain or (loss) Amount Required information [The following information applies to the questions displayed below.] Moran owns a building he bought during year 0 for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. c. Moran received $131,500. Answer is complete but not entirely correct. Description Total Gain or (Loss) Recognized NA Remaining $1231 gain or (loss) Amount 000 300 my Work Mode: This shows what is correct or incorrect for the work you have completed so far. Required information [The following information applies to the questions displayed below.] Moran owns a building he bought during year 0 for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. a. Moran received $166,000. Answer is complete but not entirely correct. Amount $ (29,000) Description Total Gain or (Loss) Recognized Unrecaptured $1250 gain (and $1231 gain) S (29,000) Remaining $1231 gain or (loss) 0 Required information [The following information applies to the questions displayed below.] Moran owns a building he bought during year O for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. b. Moran received $212,000. Description Total Gain or (Loss) Recognized Unrecaptured $1250 gain (and 51231 gain) Remaining $1231 gain or (loss) Amount Required information [The following information applies to the questions displayed below.] Moran owns a building he bought during year 0 for $195,000. He sold the building in year 6. During the time he held the building, he depreciated it by $52,250. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. c. Moran received $131,500. Answer is complete but not entirely correct. Description Total Gain or (Loss) Recognized NA Remaining $1231 gain or (loss) Amount 000 300