Property: Capital Gains and Losses and Depreciation Recapture 25. Installment Sates. (Obj. 6) Tyka sold depreciable personal property for $70,000 011 August 4, 2013. The buyer agreed to pay $ 1 0,000 at the time of sale and $20,000 Ofl August 4 in each of the next three years. In addition, interest at the current market rate will be paid on the remaining installment balance. Tyka bought the property several years ago for $43,000. Depreciation totaling $ 18,000 was taken on the property. a. Compute the total gain from the sale. b. How much gain and what type of gain must be reported in the year of sale? c. How much gain and what type of gain must be reported in each of the next three years