On January 21, 2016, Asia sold a residential rental condominium that she had purchased and put into service in March 2012. Her gain on the sale was $10,000 and the depreciation allowed or allowable was $15,635. Asia didn't sell any other residential real property in this year. Before considering the sale, Asia is in the 25% tax bracket. What is the amount and nature of the gain or loss?

	$15,635 gain taxed at a maximum of 25%.
	$15,635 gain taxed at a maximum of 15%.
	$10,000 gain taxed at a maximum of 25%.
	$10,000 gain taxed at a maximum of 15%.