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Ashburn reported a $105,250 net $1231 gain in Year 6. Assuming Ashburn reported $55,000 of nonrecaptured $1231 losses during Years 1 to 5 , what

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Ashburn reported a $105,250 net $1231 gain in Year 6. Assuming Ashburn reported $55,000 of nonrecaptured $1231 losses during Years 1 to 5 , what amount of Ashburn's net $1231 gain for Year 6 , if any, is treated as ordinary income? Nulipie Choice 50 550,250 $55,000 $105250

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