3. (10 points) During the year, Blake had the following transactions: Long-term loss on the sale of business use equipment $7,050 Long-term loss on the sale of personal use camper 6,000 Long-term gain on the sale of personal use boat 3,500 Short-term loss on the sale of stock investment 4,000 Long-term loss on the sale of land investment 5,200 How are these transactions handled for income tax purposes