Renata Corporation purchased equipment in $2021$ for $$358,800$ and has taken $$161,460$ of regular MACRS depreciation. Renata Corporation sells the equipment in $2023$ for $$215,280.$

What is the amount and character of Renata's gain or loss?

Renata Corporation has a gain of $ $1245$ recapture $V.x$ of which $9$ is treated as ordinary income due to