eBook Print Item Exercise 7-21 (Algorithmic) (LO. 1) Last year, Aleshia identified $2,400 as a nonbusiness bad debt. In that tax year, before considering the tax implications of the nonbusiness bad debt, Aleshia had $4,800 of taxable income, of which $1,680 consisted of short-term capital gains. This year, Aleshia collected $2,016 of the amount she had previously identified as a bad debt. Determine Aleshia's tax treatment of the $2,016 received in the current tax year. Aleshia includes $ of the collection as Check My Work 3 more Check My Work uses remaining. Previous Next Email Instructor Save and Exit Submit Assignment for Grading