Help Save & Exit In 2018 Eva, Inc (El) had a net Section 1231 loss of $150,000. In 2019. El had 2 Section 1231 transactions. The first generated a Section 1231 gain of $300,000 and the second generated a Section 1231 loss of $200,000. In 2020, El had 1 Section 1231 transaction resulting in a Section 1231 gain of $200,000. As a result of these transactions, what amount and character of gain or loss is recognized by Elin 2019 and 2020? Multiple Choice 0 2019 $50,000 Section 1231 loss; 2020 $200,000 Section 1231 gain 0 C 2019 ordinary income, 2020 $60,000 ordinary income and $150,000 Section 1231 gain 0 2019 $100.000 ordinary income 2020 $200,000 ordinary income 0 2019 $100.000 Section 1231 gare 2020 Section 12.31 gain