pls help Firm OCS sold business equipment with a $27,000 intial cost...
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Firm OCS sold business equipment with a $27,000 intial cost basis and $13.615 accumulated tax depreciation. In each of the following cases, compute OCS's recaptured ordinary income and Section 1231 gain or loss on the sale: Required: a. Amount realized was $11,400. b. Amount realized was $13,800 c. Amount realized was $18,900 d. Amount realized was $30,900. Note: For all requirements, losses should be indicated with a minus sign. Leave no cell blank. Enter " O " for celts that do not have an amount
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