During the current year, Hugo sells equipment for $$150,000.$ The equipment cost $$175,000$ when placed in service two years ago, and $$55,000$ of depreciation deductions were allowed. The res of the sale are

A$.$ Sec. $1231$ gain of $$30,000$ potentially receiving LTCG treatment after application of the Sec. $1231$ netting process.

B$.$ Sec. $1250$ ordinary income of $$30,000.$

C$.$ Sec. $1245$ ordinary income $$30,000.$

D$.$ LTCG of $$30,000.$