I got # 1 an 2 correct I need the answer with the explanation for calculation tax on gain (#3 an # 4 ?) please explain the calculation of tax using 2020 tax rules the basis to Clara is $30000 and the gain $ 7000 are correct

Problem 7-57 (LO 7-6)

Using the following independent situations, answer the following questions:

Required: Situation #1 Clara received from her Aunt Sona property with a FMV at the date of the gift of $36,000. Aunt Sona had purchased the property five years ago for $30,000. Clara sold the property for $37,000.

1. What is the basis to Clara?
2. What is Claras gain on the sale?
3. If Clara is in the 37% tax bracket, what is the tax on the gain (assuming she has no other gains/losses to be netted)?
4. If Clara is in the 24% tax bracket, what is the tax on the gain (assuming she has no other gains/losses to be netted)?