$$ Bourne Guitars, a corporation, reported a $$157,000$ net Section $1231$ gain

for year $6.$

a$)$ Assuming Bourne has $$50,000$ of nonrecaptured net Section $1231$ losses

during years $15,$ what amount of Bourne$$s net $1231$ gain for year $6,$ if

any, is treated as ordinary income?

b$)$ Assuming Bourne$$s nonrecaptured net Section $1231$ losses from years $1$

$5$ were $$200,000,$ what amount of Bourne$$s net Section $1231$ gain for

year $6,$ if any, is treated as ordinary income?

$6$

$6$