Sweetpea Corporation sold a tiller that it used in its landscaping business. The tiller cost $5,000 and Sweetpea had taken $2,000 of depreciation deductions up to the time of sale. The corporation sold the tiller for $4,000 two years after it was purchased. What is Sweetpea's gain or loss? 1. Sweetpea has ordinary income recapture of $1,000 under Code Sec. 1245. 2. Sweetpea has a Section 1231 gain of $1,000. 3. Sweetpea has a Section 1231 gain of $1,000 and $1,000 of ordinary income recapture under Code Sec. 1245. 4. Sweetpea has a Section 1231 loss of $1,000