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Turner Services, Inc. earned $ 2 9 5 , 7 0 0 from client services in a year. Based on the tax implications of asset

Turner Services, Inc. earned $295,700 from client services in a year. Based on the tax implications of asset sales during the same year, compute Turner's taxable income under each scenario provided.
a. $7,050 recaptured ordinary income, $24,000 net Section 1231 gain, and a $12,000 net capital loss.
b. $49,000 net Section 1231 loss and a $5,250 net capital loss.
c. $64,200 net Section 1231 gain and a $4,350 net capital gain.
d. $15,900 net Section 1231 loss and a $3,100 net capital gain.
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