Required information (The following information applies to the questions displayed below.) Bourne Guitars, a corporation, reported a $157,000 net $1231 gain for year 6. b. Assuming Bourne's nonrecaptured net $1231 losses from years 1-5 were $200,000, 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