Cobra Inc. sold stock for a​ $25,000 loss five years ago. It hasbeen carrying over the capital loss for five​ years, and the losswill expire at the end of this year because Cobra has not had anycapital gains. Earlier this year Cobra sold a parcel of land heldfour years for business use and will recognize a​ $30,000 gain.Cobra is thinking about selling some machinery used in its businessfor the past three years. During this time technology hasdramatically changed so Cobra will recognize a​ $32,000 loss on thesale of the machinery. Cobra is trying to decide whether to sellthe machinery at