Question $31of75.$

$In$ June $2021,$ Shanna purchased and placed into service $an$ $$11,000$ piece $of$ equipment for exclusive uso $in$ her business.

She claimed the special depreciation allowance that year. $In$ December $2023,$ Shanna sold the equipment for $$15,000.$ How $is$

her income from the sale $of$ this property treated for tax purposes?

$$4,000$ capital gain; $$0$ ordinary income.

$$0$ capital gain; $$15,000$ ordinary income.

$$4,000$ capital gain; $$11,000$ ordinary income.

$$15,000$ capital gain; $$0$ ordinary income.