Question: LO . 5 During 2 0 2 4 , Inez ( a single taxpayer ) had the following transactions involving capital assets: Gain on the

LO.5 During 2024, Inez (a single taxpayer) had the following transactions involving capital assets:
Gain on the sale of unimproved land (held as an investment for 3 years)
$
6,000
ss on the sale of a camper (purchased 2 years ago and used
(5,000)
or family vacations)
Gain on the sale of ADM stock (purchased 9 months ago as an
2,450
investment)
Gain on the sale of a fishing boat and trailer (acquir 18 months ago at an auction
and used for recreational purposes)
1,000
 LO.5 During 2024, Inez (a single taxpayer) had the following transactions

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