Brad sold a rental house that he owned for $250,000. Brad bought the rental house five years ago for $225,000 and has claimed $50,000 of depreciation expense. What is the amount and character of Brad's gain or loss? O $25,000 ordinary and $50,000 unrecaptured $1250 gain O $25,000 $1231 gain and $50,000 unrecaptured $1250 gain O $25,000 capital and $50,000 ordinary gain O $75,000 ordinary gain None of the choices are correct