Eddie , a single taxpayer acquires and places in service business equipment (a 5-year class asset) on February 1, 2020, at a cost of $90,000. Eddie sells the asset in 2022 for $45,000. How much is Eddie going to report as the gain on the sale of this asset in 2022?

Group of answer choices

$9,000

$4,280

$4,500

$7,680