[ANSWERED] Alice owns timber, purchased six years ago, wit h an adjuste d basis of $50,000. The timber is cut..

Alice owns timber, purchased six years ago, wit h an adjuste
d basis of $50,000. The timber is cut for use in her furniture business on
October 1, when the FMV of the timber is $200,000 . The FMV of the timber on
January 1 is $190,000 . May Alice treat any of the gain as Sec. 1231 gain? If
so, how much?