Alpha sold machinery that it used in its business to Beta, a related entity, for $40,100. Beta used the machinery in its business. Alpha bought the machinery a few years ago for $49,900 and has claimed $30,100 of depreciation expense. What is the amount and character of Alpha's gain? Multiple Choice $20,300 ordinary income under $1239 $10,000 ordinary gain and $10,300 $1231 gain $20,300 $1231 gain $20.300 capital gain. None of the choices are correct