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What amount of ashburn net gain for year six

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Problem 1: Ashburn reported a $105,150 net §1231 gain in year 6. Assuming Ashburn reported $57,000 of unrecaptured §1231 losses during years 1-5, what amount of Ashburn's net §1231 gain for year 6, if any, is treated as ordinary income?

Multiple Choice

a- $0.
b- $57,000.
c- $105,150.
d- $48,150.
e- None of the choices are correct.

Reference no: EM132877295

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