17-35 Section 1245 Recapture. This year N sold three different pieces of equipment used in her business: Depreciation Allowed Holding Period Sales Description Price Cost Processing machine $1,200 3 years 4 years 2 years $1,400 $600 Work table 1,600 1,300 500 Automatic stapler 500 900 300 What are the amount and character of N's gain or loss from these transactions