The Peach Corporation owns equipment with a $310,000 adjusted basis. The equipment was purchased six years ago for $660,000. Assume Peach 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 "0" for any zero-balances.) Case A Selling Price $784,000 Recognized Gain (Loss) Case B $420,000 Case C $250,000 Recaptured Ordinary Gain Sec. 1231 Gain (Loss) (Loss)