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Siena Industries (a sole proprietorship) sold three 1231 assets during 2019. Data on these property dispositions are as follows: Asset Rack Forklift Bin Cost Acquired

Siena Industries (a sole proprietorship) sold three 1231 assets during 2019. Data on these property dispositions are as follows:

Asset Rack Forklift Bin Cost Acquired $100,000 10/10/15 35,000 10/16/16 87,000 03/12/18 Accumulated Depreciation Sold for Sold on $62,000 23,000 34,000 $85,000 10/10/19 5,000 10/10/19 60,000 10/10/19 a. Determine the amount and the character of the recognized gain or loss from the disposition of each asset. b. Assuming that Siena has no nonrecaptured net 1231 losses from prior years, analyze these transactions and determine the amount (if any) that will be treated as a long-term capital gain.

my question is how can I apply this problem solutions on FORM 4797

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