Sales price Description 67 $ Amount 89,500 Character Original Basis $ 78,000 Accumulated Depreciation 69 $ 32,600 Adjusted Basis EA $ 45,400 Gain (Loss) Realized Depreciation Recapture Gain Eligible for Installment Reporting Gross Profit Percentage 69 $ 44,100 Ordinary Income % 1231 gain recognized in year 0 Section 1231 gain 1231 gain recognized in year 1 Section 1231 gain < Required b Required c>