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Copper Industries (a sole proprietorship) sold three 1231 assets during 2023. Data on these property...

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Accounting

Copper Industries (a sole proprietorship) sold three 1231 assets during 2023. Data on these property
dispositions are as follows:
If an amount is zero, enter "0".
a. Determine the amount and the character of the recognized gain or loss from the disposition of each asset.
Copper has $
of ordinary income due to 1245 recapture and $
of 1231 loss .
b. Assuming that Copper has $17,600 nonrecaptured net 1231 losses from prior years, analyze these
transactions and determine the amount (if any) that will be treated as a long-term capital gain.
$
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