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Benjamin has a $15,000 Section 1231 gain from thhe sale of business ute real estate and a S3.500 long-tem capital gam rom the sale f
Benjamin has a $15,000 Section 1231 gain from thhe sale of business ute real estate and a S3.500 long-tem capital gam rom the sale f Caraton Also, he suffers an $18,000 (net of insurance rembursements and the $100 floor) personal use property canaty n net Sect LED deducted as ordinary losses in prior years. By what amount will Benjamin's current-year adjusted gross income moresse (de a. $15,800 bs500 C. $15,000 d. $3,500 Ve S18,500
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