The Plum Corporation owns equipment with a $330,000 adjusted basis. The equipment was purchased six years ago for $660,000. Assume Plum sells the equipment for the selling prices given in the three independent cases below. 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) Recaptured (Loss) Selling Price Recognized Gain (Loss) Ordinary Gain Sec. 1231 Gain (Loss) Case A $797,000 Case B $420,000 Case C $244,000 - X Three Independent Cases Selling Price Case A S Case B 797,000 420,000 Case C 244 000 Print Done