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Required information Problem 11-54 (LO 11-5) (Algo) [The following information applies to the questions displayed below.] Hans runs a sole proprietorship. Hans has reported the

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Required information Problem 11-54 (LO 11-5) (Algo) [The following information applies to the questions displayed below.] Hans runs a sole proprietorship. Hans has reported the following net 51231 gains and losses since he began business. Net \$1231 gains shown are before the look-back rule. Note: Leave no answers blank. Enter zero if applicable. Problem 11-54 Part-b (Algo) 2. Assume that the $54,250 net $1231 gain occurs in year 6 instead of year 7 . What amount of the gain would be treated as ordinary ncome in year 6

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