During 2020, Donna (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
Loss on the sale of a camper (purchased 2 years ago and used for family vacations)	(5,000)
Gain on the sale of ADM stock (purchased 9 months ago as an investment)	2,450
Gain on the sale of a fishing boat and trailer (acquired 18 months ago at an auction and used for recreational purposes)	1,000

a. Indicate the tax treatment for each item. (Select from the following: long-term capital gain, not taxable, ordinary income, short-term capital gain)

Gain on the sale of unimproved land
Loss on the sale of a camper
Gain on the sale of ADM stock
Gain on the sale of a fishing boat and trailer

Overall, Donna has (a long-term capital gain, a long-tern capital loss, ordinary income) of $___________ and (a short-term capital gain, a short-term capital loss, ordinary income, ordinary loss) of $___________

b. If Donna has taxable income (including the property transactions) of $188,450, what is the income tax regarding these transactions? Her marginal tax rate is 32%.

$___________

If Donna has taxable income (including the property transactions) of $32,250, what is the income tax regarding these transactions? Her marginal tax rate is 12%.

$___________