Required information [The following information opplies to the questions displayed below.] Moran owns a bullding he bought during year 0 for $150,000. He sold the building in year 6 . During the time he held the building, he depreclated it by $32,000. 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. c. Moran received $110,000. Required information . [The following information applies to the questions displayed below] . Moran owns a building he bought during year 0 for $150,000. He sold the building in year 6 . During the time he held the building, he depreciated it by $32,000. 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. b. Moran recelved $170,000. (2) Answer is complete but not entirely correct