1. Hip, Inc. has a 2020 net 1231 gain of $43,000. Prior net 1231 gains and losses incurred by Hip, Inc, are as follows:

2019 1231 gain of $16,000

2018 1231 loss of ($7,000)

2017 1231 loss of ($19,000)

2016 No 1231 gain or loss

2015 1231 loss of ($14,000)

2014 No. 1231 gain or loss

2013 No business activity in this or any prior year

For 2020, Hip, Incs net 1231 gain of $43,000 is treated (taxed as) what type or types of income?