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Check my wo Required information The following information applies to the questions displayed below] Hans runs a sole proprietorship. Hans has reported the following net

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Check my wo Required information The following information applies to the questions displayed below] Hans runs a sole proprietorship. Hans has reported the following net $1231 gains and losses since he began business. Net $1231 gains shown are before the lookback rule. (Leave no answer blank. Enter zero if applicable.) Net $1231 Year Gains/(Losses) $ (67,ee0) 16,000 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 (current year) 10,800 51,000 a. What amount, if any of the year 7 (current year) $51.,000 net $1231 gain i treated as ordinary income

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