Jill purchased a printing press for her business on 6/15/22 costing $60,000. The installation cost $2,000 and sales tax was $5,500. What was Jills 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 sale? What is Jills gain or loss is she sells the printing press for $40,000?