Workout Problem 10: Mac incurs the following Sec 1231 gains/losses over the years (no Sec 1231 gains losses were incurred before 2014). Calculate each year's net Sec 1231 gain/(loss) and identify the character (capital or ordinary). No specific format is required for answering. An example format could look like this Year 20XX: $5,000 gain type Year 20X1: ($3,000) loss type Etc. Year Sec 1231 Gain 2014 2015 2016 $4,000 $2,000 $8,000 $10,000 $3,000 $2,000 Sec 1231 Loss ($8,000) ($7,000) ($5,000) ($2,000) ($1,000) ($8,000) 2017 2018 2019 HTML Editoria B A - A - IE 3 3 1 1 x , ! E ve DIT 12pt Paragraph