Alexandra sold equipment that she uses in her business for $101,700. Alexandra bought the equipment two years ago for $90,850 and has claimed $9,275 of depreciation expense. What is the amount and character of Alexandra's gain or loss? Alexandra sold equipment that she uses in her business for $101,700. Alexandra bought the equipment two years ago for $90,850 and has claimed $9,275 of depreciation expense. What is the amount and character of Alexandra's gain or loss