In February 2013, T bought and placed in service for 100% use in his business a light-duty truck (5-year property) that cost $10,000. T used the half-year convention and your MACRS deductions for the truck were $2,000 in 2013 and $3,200 in 2014. T sold the truck in May 2015 for $7,000. The MACRS deduction in 2015, the year of sale, is $960 ( of $1,920).

What is character and amount of the gain?.