For each of the following transactions, determine the amount and character of the gain or loss. For each item, enter the appropriate amount in the associated cell in the amount column. If the amount is zero, enter a zero (0). Then, select from the option list provided the character of the gain or loss. Each choice may be used once, more than once, or not at all. Select an option below Transaction Amount Character Ordinary income 1. Sale of 1,000 shares of XYZ common stock 123 O Ordinary loss purchased on 10/15/18 for $20,000 and sold O Short-term capital gain on 2/15/19 for $23,000. O Long-term capital gain 2. Sale of 2,000 shares of ABC common 123 stock purchased on 3/23/19 for $125,000 O Short-term capital loss and sold on 12/31/19 for $139,000. O Long-term capital loss 3. Sale of van purchased on 1/25/18 for 123 $10,000 and sold on 6/03/19 for $9,000. 4. Sale of land purchased on 06/30/03 for 123 $110,000 and sold on 7/04/19 for $169,000. 5. $45,000 of insurance recovery received 23 from a 5-year-old building that was destroyed in a fire. The building was used in a business, had a FMV of $65,000, and an adjusted basis of $50,000