John, single, operates a calendar-year sole proprietorship. In 2019, John sold the following assets:Shares of Apple stock - purchased for $40,000 in...

John, single, operates a calendar-year sole proprietorship. In 2019, John sold the following assets:

1.     Shares of Apple stock - purchased for $40,000 in 2016; sold for $96,000 in 2019

2.     Shares of Amazon stock - purchased for $30,000 in 2019; sold for $45,000 in 2019

3.     Shares of Snap stock - purchased for $90,000 in 2016; sold for $60,000 in 2019

4.     Shares of Starbucks stock - purchased for $20,000 in 2019; sold for $4,000 in 2019

5.     Seattle office building used in John's business (building only; does NOT include land)

·        purchased for $240,000 and placed in service on January 1, 2016

·        depreciated under MACRS GDS

·        sold for $240,000 on January 10, 2019

·        section 179 and bonus depreciation do not apply

6.     Personal property used in John's business

·        100% business-use

·        5-year MARCS recovery period

·        purchased for $100,000 and placed into service on October 1, 2017; no other personal property was purchased or placed in service in 2017

·        depreciated under MACRS GDS

·        elected out of bonus depreciation and no section 179 election

·        sold for $50,000 on September 1, 2019

A.   Assuming that these 6 assets are the only property that John disposed of in 2019, what will be the amount and character of his gains and/or losses in 2019 after any applicable netting?