Calculate the Initial Capital Gain for these scenario's.

 

 An Uncle purchased an artwork for $800 May 1985. Market value of the art upon his death in Dec 2015 was $60,000. The recipient of the artwork sold it in December 2021 $85,000 fee of sale $420.  

 

B) Boat purchased Aug 2019 for $15,000 and sold June 2022 for $35,000

 

C) House purchased $62,000 June 1992, inherited Aug 2018 market value was $280,000, sold June 2022 for $460,000 costs involved with sale $10,200