Riley Inc. sold two operating assets this year. The first sale created a $19,200 Section 1231 loss, and the second sale created a $33,600 Section 1231 gain. As a result of these sales, Riley should recognize: Group of answer choices $19,200 ordinary loss and $33,600 gain treated as capital gain $14,400 gain treated as capital gain $14,400 ordinary income. None of the above