Siena Industries (a sole proprietorship) sold three $1231 assets on October 10 during 2022. Data on these property dispositions are as follows: 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. Siena has s x of ordinary income due to 1245 recapture and $ x of &1231 slend has x of due to 51245 recapture and 5 X of 5.1231 Festas T chick My Won Section 1245 applies primarily to non-reak-estate property such as machinery, trucks, and office furniture. The Code contains two major recapture provisions, 551245 and 1250 . These provisions cause gain to be treated initially as ordinary gain. b. Assuming that Siena has no nonrecaptured net 51231 losses from prior years, analyze these transactions and determine the amount (if any) that will be treated as a long-term capital gain