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Solve for all the boxes thanks! Form 4797 Page 1 and 2. Page 3 Form 7072121 Parllll Gain Fru Disposition of Property Under 3eclions 1245,

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Form 4797 Page 1 and 2. Page 3 Form 7072121 Parllll Gain Fru Disposition of Property Under 3eclions 1245, 1250, 1252, 1254 and 1255 (See instructions (b) Date acqured 19 (a Description of secton 1245, 1250, 122, 1254, or 1256 property fyyyy A A B c) Date sald yyyy c. D These columns relate to the properties on ines 19A through 190 Property A Property R Property Property D 20 Giuss saks pie Nuk. Genelcuc comply) 201 21 Cost rather basis plus esperse of sale 21 22 Deprecation (or depletion allowed arallowable 22 23 Adusted basis. Subtractine 22 from line 21 23 0 24 Total gain. Subtract line 23 from line 20 24 a 25 if sectan 1245 property: Depreciation allowed or alowable fron line 22 25a b Erter the smaler of lire 2 or 25a 25 26 if secton 250 property. It straight line depreciation was used enter on line 26. except for a sorporation sub ect to section 291. Arlitirnalieroristin after 1975 wintertime h Aprilishi mange multiplied by the main fline 21 or line 36. Sas instructions c Substreet line 28 freamline 24. If residential rental property line 24 bulan in 20a, skip lines 200 and 20e 20 Alitial depreciation after 1909 and bre 1973 200 e Erter the smaler of line 2600 263 20e I Sector 291 amount (corporations anly) 261 g Add lines 26b, 28, and 2 26g 27 If section 252 property: skip his secon if you didn't a Soil water, and land clearing expenses 27a b Line 27a multiplied by applicable percentage. See instructions 27b Enter the smaller of line 24 or 275 270 28 If section 1254 property a Intangible drilling and development costs, expenditures for development of mines and other natural deposits mining exploration costs, and depletion. See instructions 28a b Enter the smaller of line 24 ar 28a 28b 29 If Section 1255 property: a Applicable percentage of payments excuded from income under section 126. See instructions b Enter the smaller of line 24 or 29a. See instructions 29b Summary of Part III Gains. Complete property columns A through through line 29b before goirg to line 30. 30 Total gains for all properties. Add property columns A through D, line 24 30 31 Add property columns A through D, lines 25b, 269, 270, 236, and 29b. Enter here and on line 13 31 32 Suttract line 31 from ine 30. Enter the partion from casualty or theft on Forn 48B4, line 33. Enter the portion from ather than casualty artholt on Form 4797, line 6 32 Part IV Recapture Amounts Under Sections 179 and 280F(b)(2) When Business Use Drops to 50% or Less (see instructions) (b) Section (a) Section 179 280F(b)(2) 33 Sedion 179 expense deduction or depreciation allowable in prior years 33 34 Recomputed depreciation. See instructions 34 35 Recapture amount. Subtract line 34 from line 33. See the instructions for where to report 35 0 UYA Form 4797 (2020) Required Information [The following information applies to the questions displayed below.] Moab Incorporated manufactures and distributes high-tech biking gadgets. It has decided to streamline some of its operations so that it will be able to be more productive and efficient. Because of this decision it has entered into several transactions during the year. a. Moab Incorporated sold a machine that it used to make computerized gadgets for $33,300 cash. It originally bought the machine for $23.200 three years ago and has taken $8,000 in depreciation. b. Moab Incorporated held stock in ABC Corporation, which had a value of $32,000 at the beginning of the year. That same stock had a value of $35.230 at the end of the year. c. Moab Incorporated sold some of its inventory for $11,000 cash. This inventory had a basis of $5.000. d. Moab Incorporated disposed of an office building with a fair market value of $95.000 for another office building with a fair market value of $71,000 and $24,000 in cash. It originally bought the office building seven years ago for $82,000 and has taken $15,000 in depreciation. e. Moab Incorporated sold some land held for investment for $25.000. It originally bought the land for $32,800 two years ago. f. Moab Incorporated sold another machine for a note payable in four annual installments of $22,000. The first payment was received in the current year. It originally bought the machine two years ago for $72,000 and has claimed $11,000 in depreciation expense against the machine. g. Moab Incorporated sold stock it held for eight years for $4.750. It originally purchased the stock for $3.100. h. Moab Incorporated sold another machine for $11.300. It originally purchased this machine six months ago for $12.000 and has claimed $530 in depreciation expense against the asset. Form 4797 Page 1 and 2. Page 3 Form 7072121 Parllll Gain Fru Disposition of Property Under 3eclions 1245, 1250, 1252, 1254 and 1255 (See instructions (b) Date acqured 19 (a Description of secton 1245, 1250, 122, 1254, or 1256 property fyyyy A A B c) Date sald yyyy c. D These columns relate to the properties on ines 19A through 190 Property A Property R Property Property D 20 Giuss saks pie Nuk. Genelcuc comply) 201 21 Cost rather basis plus esperse of sale 21 22 Deprecation (or depletion allowed arallowable 22 23 Adusted basis. Subtractine 22 from line 21 23 0 24 Total gain. Subtract line 23 from line 20 24 a 25 if sectan 1245 property: Depreciation allowed or alowable fron line 22 25a b Erter the smaler of lire 2 or 25a 25 26 if secton 250 property. It straight line depreciation was used enter on line 26. except for a sorporation sub ect to section 291. Arlitirnalieroristin after 1975 wintertime h Aprilishi mange multiplied by the main fline 21 or line 36. Sas instructions c Substreet line 28 freamline 24. If residential rental property line 24 bulan in 20a, skip lines 200 and 20e 20 Alitial depreciation after 1909 and bre 1973 200 e Erter the smaler of line 2600 263 20e I Sector 291 amount (corporations anly) 261 g Add lines 26b, 28, and 2 26g 27 If section 252 property: skip his secon if you didn't a Soil water, and land clearing expenses 27a b Line 27a multiplied by applicable percentage. See instructions 27b Enter the smaller of line 24 or 275 270 28 If section 1254 property a Intangible drilling and development costs, expenditures for development of mines and other natural deposits mining exploration costs, and depletion. See instructions 28a b Enter the smaller of line 24 ar 28a 28b 29 If Section 1255 property: a Applicable percentage of payments excuded from income under section 126. See instructions b Enter the smaller of line 24 or 29a. See instructions 29b Summary of Part III Gains. Complete property columns A through through line 29b before goirg to line 30. 30 Total gains for all properties. Add property columns A through D, line 24 30 31 Add property columns A through D, lines 25b, 269, 270, 236, and 29b. Enter here and on line 13 31 32 Suttract line 31 from ine 30. Enter the partion from casualty or theft on Forn 48B4, line 33. Enter the portion from ather than casualty artholt on Form 4797, line 6 32 Part IV Recapture Amounts Under Sections 179 and 280F(b)(2) When Business Use Drops to 50% or Less (see instructions) (b) Section (a) Section 179 280F(b)(2) 33 Sedion 179 expense deduction or depreciation allowable in prior years 33 34 Recomputed depreciation. See instructions 34 35 Recapture amount. Subtract line 34 from line 33. See the instructions for where to report 35 0 UYA Form 4797 (2020) Required Information [The following information applies to the questions displayed below.] Moab Incorporated manufactures and distributes high-tech biking gadgets. It has decided to streamline some of its operations so that it will be able to be more productive and efficient. Because of this decision it has entered into several transactions during the year. a. Moab Incorporated sold a machine that it used to make computerized gadgets for $33,300 cash. It originally bought the machine for $23.200 three years ago and has taken $8,000 in depreciation. b. Moab Incorporated held stock in ABC Corporation, which had a value of $32,000 at the beginning of the year. That same stock had a value of $35.230 at the end of the year. c. Moab Incorporated sold some of its inventory for $11,000 cash. This inventory had a basis of $5.000. d. Moab Incorporated disposed of an office building with a fair market value of $95.000 for another office building with a fair market value of $71,000 and $24,000 in cash. It originally bought the office building seven years ago for $82,000 and has taken $15,000 in depreciation. e. Moab Incorporated sold some land held for investment for $25.000. It originally bought the land for $32,800 two years ago. f. Moab Incorporated sold another machine for a note payable in four annual installments of $22,000. The first payment was received in the current year. It originally bought the machine two years ago for $72,000 and has claimed $11,000 in depreciation expense against the machine. g. Moab Incorporated sold stock it held for eight years for $4.750. It originally purchased the stock for $3.100. h. Moab Incorporated sold another machine for $11.300. It originally purchased this machine six months ago for $12.000 and has claimed $530 in depreciation expense against the asset

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