Question 14 (3 points) The gains and losses from sales of capital assets for the current year by G are summarized as follows: Long-term gains $3000 1,000 (8,000) Short-term gains Short-term losses G has $ 1245 recapture of $1,500 from one transaction and a S 1231 loss of $1,000 from another. The net decrease in AGI, from these transactions is so $2,500 $3,000 $3,500 Question 15 (3 points) Five years ago, Witson James purchased a photocopier with a ive-year re covery period for use business for $8,000. He deducted depreciation totaling $7.078 in the five years. In the