which of the following transactions results solely in 51245 gain taxed as ordinary income? Multiple Choice O Sale of machinery held for more than one year, where the gain realized is less than the accumulated deprecation. O Sale of machinery held for more than one year and where the gain realized exceeds the accumulated depreciation. O Sale of a factory building held for more than one year and where the accumulated depreciation is less than the gain realized d for O Sale of land held for more than one year and where the amount realized exceeds the adjusted basis. O None of these.