Total Net 1231 Gain	Amount Treated as Ordinary Income	Amount Treated as Long-Term Capital Gain
2015	45,000	45,000	????
2016	10,000	10,000	????
2017	42,000	42,000	0

Find amount treated as long term capital gain for 2016 and 2017

Problem 8-35 (b) (LO. 6) Domingo has the following net 5 1231 results for each of the years shown: Tax Year Net 1231 Loss Net 1231 Gain 2012 2013 2014 2015 2016 2017 What is the nature of the net gain in 2015, 2016, and 2017? If an amount is zero, enter o. $13,000 $34,000 $59,000 $45,000 $10,000 $42,000 Amount Treated as Long-Term Capital Gain Amount Total Treated as Net 5 1231 Ordinary Income Gain 2015 $45,000 2016 $10,000 2017 $42,000