//12FORM 4797 (1990) 9Page 2=OPART III - GAIN FROM DISPOSITION OF PROP. UNDER SEC. 1245,1250,1252,1254, & 125519. Description of property |Date Acqd | Date Sold . | 0| | =H . | 0| | = H . | 0| | =H . | 0| | =H-O Relate lines 19A through 19D to these cols.| | | |2%;&D'M(20. Gross sales price.| | | |.*72@:IB21. Cost or basis plus expense of sale.| | | |.-75@=IE22. Deprec. (or depl) allowed or allowable..| | | |..76@>IF23. Adjusted basis (ln 21 minus ln 22).| | | |./77@?IG24. Total gain (ln 20 minus ln 23). | | | |.078@@IH25. If section 1245 property: | | | | a. Depreciation allowed or allowable....| | | |.M7[@iIw b. Smaller of line 24 or 25a. | | | |.N7\@jIx26. If section 1250 property: | | | | a. Additional deprec. after 12/31/75....| | | |.O7]@kIy b. Applicable percentage times smaller | | | | of ln 24 or 26a (see instructions)...| | | |.Q7_@mI{ c. Subtract ln 26a from ln 24. | | | |.R7`@nI| d. Add. depr. from 12/31/69 - 1/1/76....| | | |.S7a@oI} e. Applicable percentage times smaller | | | | of ln 26c or 26d (see instructions)..| | | |.T7b@pI~ f. Sec 291 amount (for corporations)....| | | |.U7c@qI g. Add lines 26b, 26e, and 26f. | | | |.V7d@rI27. If section 1252 property: | | | | a. Soil, water & land clearing expense..| | | |.W7e@sI b. Line 27a multiplied by applicable | | | | percentage (see instructions).| | | |.Y7g@uI c. Smaller of line 24 or 27b. | | | |.Z7h@vI28. If section 1254 property: | | | | a. Intangible drilling & development | | | | costs, etc. (see instructions).| | | |.7@I b. Smaller of line 24 or 28a. | | | |.7@I29. If section 1255 property: | | | | a. Appl percentage of payments excluded | | | | from income under section 126.| | | |.7@I b. Smaller of line 24 or 29a. | | | |.7@I-F|-30. Total gains (add columns A through D, line 24).|I31. Add columns A through D, lines 25b, 26g, 27c, 28b, and 29b. Enter | here and on line 13. (See instr. if this is an installment sale)...|I32. Line 30 minus line 31. Enter casualty & theft portion on Form 4684,| Sec B, ln 15. Enter non-cas.&theft portion on Form 4797, ln 15....|J=OPART IV - ELECTION NOT TO USE THE INSTALLMENT METHOD33. Check here if you elect out of the installment method.>> [ ]H,Y34. Enter face amount of the note or obligation.>>E35. Enter the percentage of valuation on note or obligation.>>H=OPART V - RECAPTURE OF SEC. 179 AND 280F AMOUNTS |(a) Sec179|(b) Sec280F36. Sec 179 expense or Sec 280F recovery deduction.| |H > H >H >H**42>:HB*-45>=HE*.46>>HF*/47>?HG*048>@HH*M4[>iHw*N4\>jHx*O4]>kHy*Q4_>mH{*R4`>nH|*S4a>oH}*T4b>pH~*U4c>qH*V4d>rH*W4e>sH*Y4g>uH*Z4h>vH*4>H*4>H*4>H*4>HHHIO,YFH>H>H>H