Question 15 2.5 pts Meg and Abby are equal partners in the AM Partnership which earns $40,000 ordinary income. $6,000 long-term capital gain (LTCG) and $2,000 Sec. 1231 loss during the current year. The partners, who have no partnership agreement in place, would like to allocate the $6,000 LTCG to Meg and an extra of $6,000 ordinary income to Abby What is the amount and character of income which must be reported on Abby's tax return for this year's partnership operations? $23,000 ordinary income, $1,000 Sec 1231 less $22,000 ordinary income $19.000 ordinary income, $3.000 LTCG $20,000 ordinary income, $3,000 LTCG. $1.000 Sec 1231 loss