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Corinne sells the following personal items in 2020: Necklace Corinne purchased the necklace for $1,800 a few years ago and sells it for $1,650 in

Corinne sells the following personal items in 2020:

Necklace

Corinne purchased the necklace for $1,800 a few years ago and sells it for $1,650 in 2020.

Antique Desk

Corinne had an antique desk that she bought a number of years ago for $1,050. In 2020, she was able to sell the desk to an antique dealer for $1,300.

Rare Manuscript

Corinne sold a rare manuscript to a museum in 2020 for $1,300. She had acquired it many years ago for $800.

Assume Corrine has no other capital gains or losses in 2020.

Required:

Calculate any Taxable Capital Gain or Allowable Capital Loss (enter a 0 if none) that Corinne will include in her 2020 Net Income for Tax Purposes calculation with respect to the:

  1. Necklace: $
  2. Antique Desk: $
  3. Rare Manuscript: $

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