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Alpha sold machinery that it used in its business to Beta, a related entity, for $40,250. Beta used the machinery in its business. Alpha bought

Alpha sold machinery that it used in its business to Beta, a related entity, for $40,250. Beta used the machinery in its business. Alpha bought the machinery a few years ago for $49,750 and has claimed $30,250 of depreciation expense. What is the amount and character of Alpha's gain?

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