P&G Corporation, a C corporation, sold the following business use assets in 2023. Compute the amount and character of any gain or loss P&G Corporation must report from the disposition of each asset (e.g., 1231 gain or loss, ordinary gain or loss, 1245 recapture, etc.). Assume that P&G Corporation has no Section 1231 losses in prior years. Please show your work and explain your calculations.

\begin{tabular}{|c|c|c|c|c|c|c|} \hline & Acquired & Sold & Cost & CostRecovery & & PriceSales \\ \hline ipment & & & & & & \\ \hline \end{tabular}