An individual has the following recognized gains and losses from disposition of 1231 assets (all the assets were vacant land): $15,000 gain, $10,000 loss,

An individual has the following recognized gains and losses from disposition of § 1231 assets (all the assets were vacant land): $15,000 gain, $10,000 loss, $25,000 gain, and $2,000 loss. The individ...