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Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for $ 5 4 , 6 0 0

Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for $54,600 with an adjusted basis of $32,760 for $36,036. Later in the year, Lena sold another piece of equipment purchased two years ago with an adjusted basis of $16,380 for $10,647.
What are the tax consequences of these tax transactions?

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