Jordyn sold a piece of equipment in 2020 for $42,300. This equipment was purchased in 2017. The equipment originally cost $40,000 and $12,000 of depreciation deductions have been taken. This is the only transaction to which Section 1231 applies for the year. What is the amount and character of the gain on this sale? $0 ordinary and $14,300 capital O $14.300 ordinary and $0 capital $2,860 ordinary and $11.440 capital $12.000 ordinary and $2,300 capital O $2,300 ordinary and $12,000 capital 1 pts