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during 2020, tom sold GM stock for $10,000. The stock was purchased 4 years ago for $13,000. Tom also sold ford motor company bonds for
during 2020, tom sold GM stock for $10,000. The stock was purchased 4 years ago for $13,000. Tom also sold ford motor company bonds for $35,000. the bonds were purchased 2 months ago for $30,000. home depot stock, purchased 2 years ago for $1,000, was sold by Tom for $2,500. calculate tom's net gain or loss, and indicate the nature of the gain or loss.
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