During 2022, Edward Edmonds sold a piece of equipment from his business for $160,000. The equipment was purchased in 2020 for $144,000, had a useful life of five years, and was depreciated on a straight-line basis. A total of $76,040 depreciation was deducted. What is the amount of gain that should be reported under Sections 1231 and 1245? Sales Price Adjusted basis Realized Gain Section 1245 Recapture Section 1231 Gain