$25.$ Equipment used in the taxpayer's business is purchased in $2019$ for $$50,000.$ It was sold in $2022$ for $$22,000.$ Depreciation information is as follows:

Accelerated depreciation taken $$23,758$

Straight$-$line depreciation $(7-$year life$)$ would have been $21,500$

What is the gain or loss on the sale of this equipment, and how will it be treated on the tax return?

a$.$ $$4,242$ Section $1231$ loss

b$.$ $$1,758$ Section $1231$ loss

c$.$ $$2,258$ ordinary loss; $$1,984$ Section $1231$ loss

d$.$ $$4,242$ ordinary loss

e$.$ $$6,500$ ordinary loss