Required information [The following information applies to the questions displayed below.] Hans runs a sole proprietorship. Hans has reported the following net 1231 gains and losses since he began business. Net 1231 gains shown are before the look-back rule. Note: Leave no answer blank. Enter zero if applicable. Vhat amount, if any, of the year 7 (current year) $50,000 net $1231 gain is treated as ordinary income