The chart below describes the 1231 assets sold by the Tan Company (a sole proprietorship) this year. Compute the gain or loss from each asset disposition and determine the net 1231 gain treated as long-term capital gain for the year. Assume there is a 1231 lookback loss of $14,000. Asset Acquired Sold Cost Depreciation Sale Price Stamping machine 3/10/10 8/10/2014 $40,000 $29,736 $ 2,000 Factory building 2/12/07 7/23/2014 80,000 18,838 90,000 Tractor 5/16/09 11/13/2014 52,000 52,000 60,000 Overhead crane 11/12/03 2/25/2014 74,000 74,000 18,000