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In year 0, Luke Partnership purchased a machine for $40,000 to use in its business. In year 3, Luke sold the machine for $43,000. Between

In year 0, Luke Partnership purchased a machine for $40,000 to use in its business. In year 3, Luke sold the machine for $43,000. Between the date of the purchase and the date of the sale, Luke depreciated the machine by $22,000. What is the section 1231 gain (loss)?

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