Vera has an AGI of $85,000 without considering the sale of a nondepreciable asset for $25,000. The asset was acquired six years ago and has an adjusted basis of $36,000. She has no other sales or exchanges. Read the requirement. Determine her AGI for when the asset is a capital asset. i X Requirement When the asset is a capital asset her AGI is Determine her AGI for when the asset is a Sec. 1231 property. Determine her AGI for the following independent situations when the asset is: a. A capital asset. b. Sec. 1231 property. When the asset is a Sec. 1231 property Print Done