Neal and Able are equal partners in the Largo Partnership, which earns $40,000 ordinary income, $6,000 long-term capital gain (LTCG), and $2,000 Sec. 1231 loss during the current year. What the amount and character of income that must be reported on Able's tax return for this year's partnership operations? 540,000 ordinary income, $2.000 LTCE, $500 Sec. 1231 los $23,000 ordinary income, $1,000 Sec. 1231 loss - $19,000 ordinary income, $3,000 LTC None of these $22.000 ordinary income