Jill purchased a painting press for her business on 6/15/22 costing $60,000. The installation cost $2,000 and sales tax was $5,500. What was Jill's basis in the equipment? ... What is the depreciation amount for 2022?

Jill sells the printing press on 5/1/23. What is the adjusted basis on the date of end sale?

What is Jill's gain or loss is she sells the printing press for $40,000?