Required information Problem 11-44 (LO 11-3, LO 11-4) (Algo) [The following information applies to the questions displayed below.] Moran owns a building he bought during year 0 for $215,000. He sold the building in year 6 . During the time he held the building, he depreciated it by $51,500. What are the amount and character of the gain or loss Moran will recognize on the sale in each of the following alternative situations? Note: Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answers blank. Enter zero if applicable. Problem 11-44 Part-a (Algo) a. Moran received $196,000. b. Moran received $241,000. c. Moran received $155,000. \begin{tabular}{|c|} \hline \multicolumn{1}{|c|}{ Description } \\ \hline Total Gain or (Loss) Recognized \\ Ordinary Income - 1245 depreciation recapture \\ Ordinary Income - 291 depreciation recapture \\ Unrecaptured 1250 loss (and 1231 loss) \\ Unrecaptured 1250 gain (and 1231 gain) \end{tabular}