In $2020,$ Padraic purchased land for $$103,500$ for use in a business. Padraic sold it in $2023$ for $$110,000.$ What is the gain on the sale before any netting?

Multiple Choice

$$6,500$ Section $1231$ gain

$$6,500$ Section $1245$ gain

$$6,500$ Section $1250$ gain

$$6,500$ ordinary income