Consider the follo,ving summary of Sec. 1231 gains and losses recognized by Janet during the period 2013- 2018. Janet had no nonrecaptured Sec. 1231 losses at the beginning of 2013. If Janet has no capital gains and losses during the six-year period, determine her net capital gain and ordinary income/loss for each year.

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Sec. 1231 Gains Sec. 1231 Losses $ 9,000 20,000 12,000 9,000 25,000 10,000 $ 7,000 24,000 19,000 4,000 13,200 17,000 2013 2014 2015 2016 2017 2018