Question 11 In 2019, Big Company had a net 1231 loss of $20,000. In 2020, Big Company had a net 1231 loss of $5,000. In 2021, Big Company had a net 1231 gain of $10,000. In 2022, Big Company has a net 1231 gain of $25,000. How much ordinary income (if any) does Big Company report for 2022? O $5,000 O $0 O $20,000 5 pts O $15,000

In 2019, Big Company had a net 1231 loss of $20,000. In 2020, Big Company had a net 1231 loss of $5,000. In 2021. Big Company had a net 1231 gain of $10,000. In 2022, Big Company has a net 1231 gain of $25,000. How much ordinary income (if any) does Big Company report for 2022 ? $,000 50 $20,000 $15,000