Sunnen Products Co. of St. Louis, Missouri, makes actuator hones for gas meter tubes where light-duty metal removal is needed. The company purchased land, a building, and two depreciable assets from MPG Automation Systems Corporation, all of which have recently been disposed of. Use the information shown to determine the presence and amount of any depreciation recapture, capital gain, or capitalloss.

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Recovery Current Purchase Perid, Book Sales Asset Price, Y Value, $ Price, $ Land 50,500 3 Asset 220,0005 Bullding -900,000 27.5 300,000 275,000 15,500 19,500 5,000 2,500