Question: on may 2 0 , 2 0 2 2 , jessica purchased land for $ 1 0 5 6 4 7 to use in business.

on may 20,2022, jessica purchased land for $105647 to use in business. Jessica sold it on May 21,2023 for $103684. What is the amount and type of loss on this sale if Jessica does not have any other sales from a trade or business?

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