Frank works as a machine operator for MFC. He also does machine work on the side. Frank has some equipment and land he uses in his business that he is considering selling. One piece of equipment he purchased last year for $25,000 and could sell it now for $30,000. The land Frank purchased two years ago for $20,000 and he could sell it now for $24,000. Frank is considering leaving his job at MFC to work full-time in his business. Frank asks your tax advice regarding (i) whether he should sell the land or equipment and (ii) whether he should leave his job to devote his time to the business. What do you tell him?