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Determine the amount of the capital gain or loss in each of the following transactions and state whether the gain or loss is long-term or

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Determine the amount of the capital gain or loss in each of the following transactions and state whether the gain or loss is long-term or short-term. 100 shares of Bilco stock bought for $8,000 on January 22 of year 3 and sold for $10,000 on January 22 of year 4. 20 acres of investment land bought for $8,000 on January 31 of year 3 and sold for $7,000 on February 2 of year 4. 150 shares of Data stock bought for $15,000 on April 1 of year 2 and sold for $17,000 on May 28 of year 4

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