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Geranium, Inc. has the following net 1231 results for each of the years...

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Accounting

Geranium, Inc. has the following net 1231 results for each of the years shown:
Tax Year Net 1231 Loss Net 1231 Gain
2017 $18,000
201833,000
201942,000
2020 $41,000
202130,000
202241,000
What is the nature of the net gain in 2021 and 2022? If an amount is zero, enter "0".
Total
Net 1231
Gain Amount
Treated as
Ordinary
Income Amount
Treated as
Long-Term
Capital Gain
202130,000 fill in the blank 1 fill in the blank 2
202241,000 fill in the blank 3 fill in the blank 4

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