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Charles had the following net Section 1231 gains and losses: 2019-($5,000)2020($8,000)2021($4,000)2022$50,000 What is the chanacter of the net Section 1231 gain in 2022? a. $33,000

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Charles had the following net Section 1231 gains and losses: 2019-($5,000)2020($8,000)2021($4,000)2022$50,000 What is the chanacter of the net Section 1231 gain in 2022? a. $33,000 ordinary gain b. $50,000 long-term capital gain c. $33,000 ordinary gain; $17,000 long-term capital gain d. $50,000 ordinary gain e. $33,000 long-term capital gain; $17,000 ordinary gain

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