Please answer all of them Q5,6,7

5 In 2019, Olive's Optometry, a sole proprietorship, purchased a piece of business-use property (Equipment A) for $1,000,000. While Olive's owned Equipment A, they took depreciation deductions totaling $600,000. Assume Olive's sold Equipment A for $1,100,000 in 2022. What amount of Olive's recognized gain is recaptured as ordinary income? What is the tax treatment of the remaining gain? Assume instead that Olive's sold Equipment A for $900,000 in 2022 . What amount of Olive's recognized gain is recaptured as ordinary income? Assume instead that Olive's sold Equipment A for $200,000 in 2022. Is there any recapture? What is the tax treatment of Olive's gain or loss? In 2012, Jose purchased an office building (excluding land) for $1,000,000 and used the office building in his sole proprietorship. While Jose owned the office building his depreciation deductions totaled $50,000 (straight-line depreciation). Jose sold the property in 2022 for $1,300,000. What is the amount of Jose's Section 1250 recapture on the sale of the office building? What is the amount of Jose's total gain recognized on the sale of the building? What amount of this gain is unrecaptured Section 1250 gain? What is the tax rate applicable to unrecaptured Section 1250 gain? Bob had the following items during 2022 : - Gain on sale of business-use Equipment A (1231/1245 property): $14,000 ( $1,000 of which is due to depreciation) - Loss on sale of business-use Equipment B (1231/1245 property): $8,000 Bob has $1,000 nonrecaptured net 1231 losses from 2020 and $1,000 nonrecaptured net 1231 losses from 2010. What is the tax treatment of Bob's 1231 gains and losses? What if Bob sold Equipment A for an $8,000 gain ( $1,000 of which is due to depreciation) and Equipment B for a $14,000 loss