A taxpayer is using a piece of machinery in his business. He used Section 179 to expense the entire machine in Year One of use. He sells the property in Year Three for a gain and is shocked to learn that the sale is being taxed as ordinary income to a large extent. Why? Select one: a. None of the above. b. The machine is considered inventoriable for the purpose of sale to customers. c. Section 1245 depreciation recapture, because the taxpayer used accelerated depreciation on the asset and sold it before the end of its class life. d. The preparer messed up. It's a capital asset and should be sold as a long-term capital gain