On May 2, 1987, Hannah Weather (Social Security Number: 111-22-3333) acquired residential rental real estate for $450,000. Of the cost, $100,000 was allocated to the land and $350,000 to the building. On August 20, 2017, the building, which then had an adjusted basis of $0, was sold for $545,000 and the land for $200,000. If an amount is zero, enter "0".

a. Determine the amount and character of the recognized gain from the sale of the building.

There is a gain of $ 545,000 from the sale of the building, of which $___________ is ordinary income due to 1250 recapture.

b. Determine the amount and character of the recognized gain from the sale of the land.

The 1231 gain from the sale of the land is $100,000 of which $___________ is not subject to recapture.

c. Complete a Form 4797 for these transactions. Assume that there are no 1231 lookback losses.