Question: During the current year, Angie has a Section 1231 gain of $16,000 and a Section 1231 loss of $10,000. Three years ago, Angie reported a

During the current year, Angie has a Section 1231 gain of $16,000 and a Section 1231 loss of $10,000. Three years ago, Angie reported a net Section 1231 loss of $5,000. These are the only two years in which Angie has had Section 1231 gains or losses. What is the long-term capital gain amount, if any, that Angie will report for the current year?

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