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Form 4797 Sales of Business Property 2005, Page 2. Summary: This is an example of Form 4797, page 2 with items included as described in the text. Additionally, these line items were filled out:

20. Gross sales price (Note: See line 1 before completing.)
Property A” field contains 700
Property B” field contains 70
Property C” field contains 670
21. Cost or other basis plus expense of sale
Property A” field contains 4,390
Property B” field contains 1,200
Property C” field contains 1,200
22. Depreciation (or depletion) allowed or allowable
Property A” field contains 4,390
Property B” field contains 1,200
Property C” field contains 612
23. Adjusted basis. Subtract line 22 from line 21
Property A” field contains 0
Property B” field contains 0
Property C” field contains 588
25a. If section 1245 property: Depreciation allowed or allowable from line 22
Property A” field contains 4,390
Property B” field contains 1,200
Property C” field contains 612
25b. If section 1245 property: Enter the smaller of line 24 or 25a
Property A” field contains 700
Property B” field contains 70
Property C” field contains 82
30. Total gains for all properties. Add property columns A through D, line 24”field contains 852
31. Add property columns A through D, lines 25b, 26g, 27c, 28b, and 29b. Enter here and on line 13”field contains 852
32. Subtract line 31 from line 30. Enter the portion from casualty or theft on Form 4684, line 33. Enter the portion from other than casualty or theft on Form 4797.”field contains 0