sole propriator, business shut down?

In 2020 I shut down my business , then in 2024 I sold a old machine from it for $23000.00

 

I had bought it while in business payed over $41000.00 for it, so lost $$ on it.

 

Do I owe taxes?

Should I report the sale?

And if so how do I go about it with turbo tax?

 

Let me know

Joe