Your business bought equipment for $10,000 and has claimed $4,000 in depreciation and now sells it for $12,000. What is the gain situation?
a. $6,000 in long term capital gain
b. $4,000 of §1245 gain and $2,000 of long term capital gain
c. $6,000 of §1245 gain
d. $6,000 of §1250 gain
e. $4,000 of §1250 gain and $2,000 of long term capital gain

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