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Calculate how much McDonald would have in ordinary income, ordinary loss,...

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Accounting

Calculate how much McDonald would have in ordinary income, ordinary loss, capital gain, or capital loss if any per the information provided below:
Current Yr 1231 Assets
Gain/(Loss) Recognized
Asset 1 15,000
Asset 2 (10,000)
Asset 3 5,000
Last 5 years 1231 Gain/Losses
Gain/(Loss) Recognized
1 -
2 -
3 -
4 (5,000)
5 (2,500)
Ordinary Income
Ordinary Loss
Capital Gain
Capital Loss

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