Gus Landscaping, a Schedule C business, sold business machinery for $21,500 on June 12, 2019. The machinery was originally purchased for $20,000 on February 19, 2016 and $13,752 in depreciation has been taken on the asset. This is the only asset sold during 2019. Assume there were no prior year Section 1231 net losses. Based on the information above, what is the amount and character of the 2019 gain? Multiple Choice O 6.248 long-term capital gain and $12.242 ordinary gain 0 $3752 long term capital gain and $1500 ordinary gain $12,242 long term capital gain and $6.248 ordinary gain $1,500 long-term co gain and $13.752 benary gain