13. Evita recognizes $50,000 of Sec. 1231 gains and $30,000 of Sec. 1231 losses during the current year. The only other Sec. 1231 item was a $7,500 loss four years ago. This year, Evita must report A) NLTCG Ordinary Income $20,000 SO B) NLTCG Ordinary Income SO $20,000 C) NLTCG Ordinary Income $7,500 $12,500 D) NLTCG Ordinary Income $12,500 $7,500