Bourne Guitars, a corporation, reported a $205,000 net §1231 gain for year 6.

a. Assuming Bourne reported $61,250 of nonrecaptured net §1231 losses during years 1–5, what amount of Bourne’s net §1231 gain for year 6, if any, is treated as ordinary income?

b. Assuming Bourne’s nonrecaptured net §1231 losses from years 1–5 were $228,000, what amount of Bourne’s net §1231 gain for year 6, if any, is treated as ordinary income?