Hans runs a sole proprietorship. Hans has reported the following net §1231 gains and losses since he began business. Net §1231 gains shown are before the lookback rule.

Year	Net §1231 Gains/(Losses)
Year 1	($65,000)
Year 2	15,000
Year 3	0
Year 4	0
Year 5	10,000
Year 6	0
Year 7 (current year)	50,000

a. What amount, if any, of the year 7 (current year) $50,000 net §1231 gain is treated as ordinary income?

b. Assume that the $50,000 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?