Question: During the year, Eugene had the four property transactions summarized on the next page. Eugene is a collector of antique glassware and occasionally sells a

During the year, Eugene had the four property transactions summarized on the next page. Eugene is a collector of antique glassware and occasionally sells a piece to get funds to buy another. What are the amount and nature of the gain or loss from each of these transactions?

* The sales price included $750 of accrued interest.

Property Antique vase Blue Growth Fund (100 shares) Orange bonds Green stock (100 shares) Date Acquired Date Sold Adjusted B $37,000 22,000 34,000 11,000 Sales Price 06/18/04 12/23/06 02/12/07 02/14/15 05/23/15 11/22/15 04/11/15 11/23/15 $42,000 38,000 42,000* 13,000

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