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14. Mr. Sussex sold the following assets used in his trade or business and land held for investment. All of the assets were held more

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14. Mr. Sussex sold the following assets used in his trade or business and land held for investment. All of the assets were held more than one year. 1 Loss Gain $10,000 Lathe Machine Truck.... Warehouse Parking Lot Land.. ($5,500) (7,500) 6,000 (10,000) 14 What is Mr. Sussex's IRC S 1231 gain or loss? O a. $4,500 ob. $3,000 O c. ($3,000) o d. ($7,000)

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