In 2021, Agnes recognized a $45,000 gain on the sale of Section 1231 property. Over the previous 5 year period, Agnes recognized the following net Section 1231 gains and (losses):

2017 ($30,000)

2018 $16,000

2019 ($28,000)

Agnes 2021 gain is characterized as:

	a.	$45,000 ordinary gain
	b.	$42,000 ordinary gain and $3,000 capital gain
	c.	$28,000 ordinary gain and $17,000 capital gain
	d.	$45,000 capital gain