In June 2020, Patrice purchased and placed into service a $12,000 piece of equipment for exclusive use in her business. She claimed the special depreciation allowance that year. In December 2022, Patrice sold the equipment for $15,000. How is her income from the sale of this property treated for tax purposes?

$3,000 capital gain; $0 ordinary income.

$0 capital gain; $15,000 ordinary income.

$3,000 capital gain; $12,000 ordinary income.

$15,000 capital gain, $0 ordinary income.