Umair sold some equipment he used in his business on August 29, 2022. that was originally purchased for $65,000 on November 21 , 2020 The equipment was depreciated using the seven-year MACRS method for a total of $17,249. Assume there is no additional netting of gains and losses for this taxpayer Required: a. Assume Umair sold the equipment for $45,000 : 1. What is the amount of realized gain or loss on the sale of the equipment? 2 is the nature of the gain or loss considered ordinary or long-term? b. Assume Umair sold the equipment for $49000 : 1. What is the amount of realized gain or loss on the sale of the equipment? 2 is the nature of the gain or loss considered ordinary or long-term? a1. Assume Umair sold the equipment for $45,000. What is the amount of realized gain or loss on the sale of the equipment? b1. Assume Umair sold the equipment for $49,000. What is the amount of realized gain or loss on the sale of the equipment? a2. Assume Umair sold the equipment for $45,000. Is the nature of the gain or loss considered ordinary or long-term? b2. Assume Umair sold the equipment for $49,000, Is the nature of the gain or loss considered ordinary or long-term