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@aloneandpreplexed wrote:

Normally the 47121 would go into Ord Inc

on the front of 1120 since it is all recaptured deprec. In this case, we want to report only % of the 5700.

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The recaptured depreciation of 1245 property is all taxed in the year of the sale.  So it sounds like $47,121 will be on the front of 1120-S, plus some or all of the rest of the gain.

Your prior post mentioning $50,000 "cash price" wasn't quite clear - how much was the original Basis (purchase price) of the assets?  How much were they sold for?  If the gain beyond the depreciation recapture is small, it may not be worth reporting it as an Installment Sale.