Mario Is a Real Estate and Financial Consultant Who Owns

Mario is a real estate and financial consultant who owns and operates his own business as a sole proprietor.His adjusted gross income,excluding the items below is $48,000.The following information relates to his current year activities and income tax.
a.Land adjacent to his office was purchased during 2013 for an anticipated expansion.It cost $10,000 but was sold later in the year for $17,000.

b.His office building is sold for $250,000 in anticipation of moving to a different location.The building was purchased in 1994 for $200,000 with 10% of the cost allocated to the land.Depreciation taken on the building was $100,000.

c.Office furniture that cost $20,000 and was fully depreciated is sold for $6,000.

d.A color copier purchased two years ago for $50,000 is traded for 200 shares of Microsoft stock that were worth $24,000 on the date of the exchange.The copier had a basis to Mario of $35,000 but is worth only $24,000 on the date of the exchange.

e.Mario's automobile,which he used 100% for business and had cost him $18,000 in 2010 is sold for $8,000.Depreciation of $6,000 had been taken on the automobile.
REQUIRED: Fill in the following table by listing the amount and proper treatment of the recognized gain or loss from each of the above transactions.Identify by letter a-e.
$\begin{array} { c c c c } \text { Ordinary } & \text { Sec. 1231 } & \text { Capital Gain (Loss) } & \text { Unrecaptured } \\ \underline { \text { Income } }& \underline { \text { Gain (Loss) }}& \underline { \text { Short-term/Long term } }& \underline { \text { Sec. 1250 Gain }} \end{array}$
a.
b.
c.
d.
e.
What is Mario's net Capital Gain (Loss) for the current year?