Please answer the the following question:

During the current year Michelle sold for $40,000 an unimproved tract of land, in which she had a basis of $50,000.Michelle had been leasing the land for several years to a lobster fisher who used it to assemble and repair lobster traps.Also during the current year another unimproved tract of land Michelle held for speculative purposes and in which she had a basis of $20,000 and a holding period of more than one year was condemned by the state for a road project, and Michelle received $26,000.In addition, the bank in which Michelle had a safe deposit box was burglarized and numismatic coins which had cost her $3,000 and which she had held for speculative investment for several years were taken.Michelle received in the current year $12,000 of insurance proceeds for the theft from the safe deposit box.What is the amount and character of Michelle's gains and losses arising from these events?