Dispositions of Assets Question 6 of 75. In January 2010, Max purchased a rental house for $110,000, which he immediately placed in service. The purchase price included $10,000 for the land. In August of 2019, he decided to sell the house to the tenant. How much depreciation may he deduct in 2019? O $1,364 O $2,273 O $3,485 O $3,636 Mark for follow up Question 7 of 75. In January 2017, Gracy purchased and placed into service a $20,000 piece of equipment for exclusive use in her business. Since then, she claimed a $6,000 Section 179 deduction and $6,654 MACRS depreciation, including 20 depreciation. She sold the equipment in November 2019 for $7,000. What is the amount and type of gain or loss where on Form 4797 does Gracy report the sale? $346 Section 1231 loss, Part I. $346 Section 1231 gain, Part I. 24 Section 1245 loss, Part