Since its formation, Roof Corporation has incurred the following net Section 1231 gains and losses. Year 1 $(12,000) Net Section 1231 loss Year 2 10,500 Net Section 1231 gain Year 3 (14,000) Net Section 1231 loss Required: a. In year 4, Roof sold only one asset and recognized a $7,500 net Section 1231 gain. How much of this gain is treated as capital gain, and how much is ordinary? b. In year 5, Roof sold one asset and recognized a $9,000 net Section 1231 gain. How much of this gain is treated as capital, and how much is ordinary? Complete this question by entering your ans below. Required A Required B In year 4, Roof sold only one asset and recognized 1231 gain. How much of this gain is treated as car much is ordinary? (Leave no cell blank. Enter "O" f an amount.) Amount Capital gain Ordinary income Maquina Required B Since its formation, Roof Corporation has incurred the following net Section 1231 gains and losses. Year 1 $(12,600) Net Section 1231 loss Year 2 10,500 Net Section 1231 gain Year 3 (14,600) Net Section 1231 loss Required: a. In year 4, Roof sold only one asset and recognized a $7,500 net Section 1231 gain. How much of this gain is treated as capital gain, and how much is ordinary? b. In year 5, Roof sold one asset and recognized a $9,000 net Section 1231 gain. How much of this gain is treated as capital, and how much is ordinary? Complete this question by entering your ans below. Required A Required B In year 5, Roof sold one asset and recognized a $9 gain. How much of this gain is treated as capital,