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Butte sold a machine to a machine dealer for $51,700. Butte bought the machine for $53,300 several years ago and has claimed $11,650 of depreciation

Butte sold a machine to a machine dealer for $51,700. Butte bought the machine for $53,300 several years ago and has claimed $11,650 of depreciation expense on the machine. What is the amount and type or character of Butte's gain or loss?

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