Mustest has a time limit of 2 hours. This test will save and submit automatically when the time expires. Warnings appear when half the time, 5 minutes, 1 minuto, and 30 seconds remain Multiple Attempts Not allowed. This test can only be taken once. orce Completion This test can be saved and resumed at any point until time has expired. The time will continue to run if you leave the test. Remaining Time: 1 hour, 57 minutes. 00 seconds. Question Completion Status: Moving to another question will save this response. Question 3 10 Question 3 10 points Save Answer A. Frederique sold furniture that she uses in her business for $15,000. Frederique bought the furniture a few years ago for $40,000 and has claimed $20,000 of depreciation expense. What is the amount and character of Frederique's gain or loss? B. Jessie sold a piece of land held for investment for $250,000. Jessie bought the land two years ago for $195,000. What is the amount and character of Jessie's gain or loss? C. Sunshine LLC sold furniture for $75,000. Sunshine bought the furniture for $90,000 several years ago and has claimed $25,000 of depreciation expense on the machine. What is the amount and character of Sunshine's gain or loss? D. Alexandra sold equipment that she uses in her business for $100,000. Alexandra bought the equipment two years ago for $90,000 and has claimed $25,000 of depreciation expense. What is the amount and character of Alexandra's gain or loss? TTT Arial 3 (12pt) T. e O