Problem: Luke sells the following personal property assets in the current year: Asset Original cost Accumulated depreciation Sales proceeds Equipment A 225,000 170,000 85,000 Equipment B 38,000 21,000 45,000 Forklift 15,000 3,000 10,000 Furniture 25,000 19,000 8,000 Consider each asset as an independent problem. For each of the assets, fill in the amounts in the following table. The total amounts in the last two columns should equal the amount in the third column: Asset Adjusted basis Realized gain/(Loss) Ordinary income/(loss) Long-term gain/(loss) Equipment A Equipment B Forklift Furniture