$(4$

Required information

Problem $11-54($LO $11-5)($Algo$)$

$[$The following information applles to the questons displayed below$]$

Hans runs a sole proprietorship. Hans has reported the following net $$1231$ gains and losses since he began business. Not $$1231$ gains shown are before the look$-$back rule.

Note: Leave no answer blank. Enter zero If applicable.

Problem $11-54$ Part$-$b $($Algo$)$

b$.$ Assume that the $$51,000$ net $$1231$ gain occurs in year $6$ instead of year $7.$ What amount of the gain would be treated as ordinary income in year $6?$

Ordinary income $$