1.2.3.

Antoinette has the following net S 1231 results for each of the years shown: Net S 1231 Gain Tax Year Net 1231 Loss ($33,000) 2011 ($15,000) 2012 ($3,000) 2013 $28,000 2014 2015 $52,000 $12,000 2016 What is the nature of the net gain in 2014, 2015, and 2016? If an amount is zero, enter 0. Amount Amount Total Treated as Treated as Net S Ordinary Long-Term 1231 Capital Gain Income Gain 2014 $28,000 2015 $52,000 2016 $12,000