Sergio sold a residential rental building for a gain of $20,000. He had originally purchased the building and placed it in service in March 2015 (for simplicity, the sale of land is not included in this question). The amount of depreciation allowed or allowable was 514,175. There were no other adjustments to the basis of the property, and Sergio did not soll any other property during the tax year. What is the amount and nature of Sergio's gain? 55,825 gain taxed as a long-term capital gain, and $14,175 gain taxed at a maximum of 25% $5,825 gain taxed at a maximum of 25%, and $14.175 gain taxed as a long term capital gain $20,000 gain taxed as a long-term capital gain $20.000 gain taxed at a maximum of 25%