Required information [The following information applies to the questions displayed below.] Bourne Guitars, a corporation, reported a $232,000 net 1231 gain for year 6. a. Assuming Bourne reported $58,500 of nonrecaptured net 1231 losses during years 1-5, what amount of Bourne's net 1231 gain for year 6, if any, is treated as ordinary income? Bourne's gain treated as ordinary income b. Assuming Bourne's nonrecaptured net 1231 losses from years 1-5 were $248,000, what amount of Bourne's net 1231 gain for year 6, if any, is treated as ordinary income? Bourne's gain treated as ordinary income