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QUESTION 13 Percival Percy Sweetwater uses a building for business purposes. The building was purchased on April 1, 2016, for $124,000. It was sold on

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QUESTION 13 Percival "Percy Sweetwater uses a building for business purposes. The building was purchased on April 1, 2016, for $124,000. It was sold on October 3, 2019 for $200,000. Accumulated depreciation as of the date of sale was $14,000, $4,000 of which was in excess of straight line. How much of the gain in year 6 is recaptured as ordinary under Section 1250 and how much of the gain in year 6 is unrecaptured Section 1250 gain? O Section 1250 Unrecaptured Section 1250 $4,000 $4,000 B. Section 1250 $10,000 Unrecaptured Section 1250 $4,000 . Section 1250 $4,000 Unrecaptured Section 1250 $10,000 OD. Secti Section 1250 Unrecaptured Section 1250 $10,000 $4,000 Section 1250 SO Unrecaptured Section 1250 $14,000

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