Ashburn reported a $105,250 net $1231 gain in year 6. Assuming Ashburn reported $55,000 of nonrecaptured $1231 losses during years 1-5, what amount of Ashburn's net 51231 gain for year 6, if any, is treated as ordinary income? Multiple Choice SO $50.250 $55,000 $105 250 < Prev 7 of 17 Next >