The Blueberry Corporation owns equipment with a $250,000 adjusted basis. The equipment was purchased six years ago for $640,000. Assume Blueberry sells the equipment for the selling prices given in the three independent cases below. (Click the icon to view the three independent cases.) Read the requirement Begin by entering the amount of the recognized gain for each case. Then enter the character of the gain or loss for each case. (Use a minus sign or parentheses to enter a loss. Complete all input fields. Enter a "O" for any zero-balances.) Recaptured Recognized Gain Ordinary Gain Sec. 1231 Gain Selling Price (Loss) (Loss) (Loss) Case A $237,000 Case B S797,000 Case C $413,000 W Enter any number in the edit fields and then continue to the next question The Blueberry Corporation owns equipment with a $250,000 adjusted basis. The equipment was purchased six years ago for $640,000. Assume Blueberry sells the equipment for the selling prices given in the three independent cases below. Click the icon to view the tr - X Read the requirement Data Table Begin by entering the amount o (Use a minus sign or parenthes the gain or loss for each case, pro-balances.) Selling Price Case AS 237,000 Case B 797,000 Case C 413,000 Red Case A Selling Price $237,000 $797,000 $413,000 Case B Case C Print Done Enter any number in the edit fil The Blueberry Corporation owns equipment with a $250,000 adjusted basis. The equipment was purchased six years ago for $640,000. Assume Blueberry sells the equipment for the selling prices given in the three independent cases below. (Click the icon to view the three independent cases.) Read the real - X Requirement ich case Begin by ento (Use a minus What are the amount and character of Blueberry's recognized gain or loss? (Assume the adjusted basis of the equipment was calculated using the depreciation that is allowed or allowable.) Case A Case B Print Done Case C Enter any number in the edit fields and then continue to the next