Siena Industries (a sole proprietorship) sold three 1231 assets on October 10, 2017. Data on these property dispositions are as follows.

Asset	Cost	Acquired	Depreciation	Sold For
Rack	100,000	10/10/13	62,000	85,000
Forklift	35,000	10/16/14	23,000	5,000
Bin	87,000	3/12/16	34,000	60,000

If an amount is zero, enter 0.

a. Determine the amount and the character of the recognized gain or loss from the disposition of each asset in 2017.

Asset	Total Amount of Gain/Loss	Amount of 1245 Recapture	Balance of Gain/Loss
Rack
Forklift
Bin

Siena has $_______ of ordinary income due to 1245 recapture and $______ of 1231 loss.

b. Assuming that Siena has no nonrecaptured net 1231 losses from prior years, how much of the recognized gains are treated as long term capital gains? $__________