Which of the following is accurate regarding gain recognition on the repossession of qualified real property? Recognized gain on the repossession is limited to the __________.

	gross profit on the original sale minus the total gain already reported, plus the costs of repossession.
	sales price of the property plus the total gain already reported, minus the costs of repossession.
	sales price of the property minus the total gain already reported.
	total gain on the original sale plus the total gain already reported, minus the costs of repossession.