In 2014, Niveen purchased land for $88,000 for use in her landscape business. She sold it in 2017 for $97,500. If Niveen has no other sales of business or trade property, how will this gain be taxed?

Multiple Choice

$9,500 short-term capital gain.

$9,500 long-term capital gain.

$9,500 ordinary income.

$9,500 Section 1231 gain