Gainesville LLC sold the following business assets during the current year: machinery, $20,000 cost basis, $14,000 depreciation, proceeds $32,000; automobile, $35,000 cost basis, $12,000 depreciation, proceeds $27,000; equipment, $15,000 cost basis, $10,000 depreciation, proceeds $4,000; computer equipment, $15,000 cost basis, $6,000 depreciation, proceeds $5,000. Compute the gain on the above sales and the character of the gain (15).