Question: Jacob purchased business equipment for $92,700 in 2019 and has taken $55,620 of regular MACRS depreciation. Jacob sells the equipment in 2022 for $41,715. What

Jacob purchased business equipment for $92,700 in 2019 and has taken $55,620 of regular MACRS depreciation. Jacob sells the equipment in 2022 for $41,715. What is the amount and character of Jacob's gain or loss?

If an amount is zero, enter "0".

Jacob has § 1245 gain of $___________ and $ 1231 gain of $____________ .

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