Hans runs a sole proprietorship. Hans reported the following net 1231 gains and losses since he began business: (Leave no answer blank. Enter zero if applicable.)

	Net 1231
Year	Gains/(Losses)
Year 1	$(65,500)
Year 2	15,250
Year 3	0
Year 4	0
Year 5	10,200
Year 6	0
Year 7 (current year)	50,250
a. What amount, if any, of the year 7 (current year) $50,250 net 1231 gain is treated as ordinary income? b. Assume that the $50,250 net 1231 gain occurs in year 6 instead of year 7. What amount of the gain would be treated as ordinary income in year 6?