Problem 3-42 (LO. 8) During 2020, Inez (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 Gair on the sale of a fishing boat and trailer (acquired 18 months ago at an auction and 1,000 used for recreational purposes) a. Indicate the tax treatment for each item. 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 Long-term capital gain Not deductible Short-term capital gain ong-term catalin Overall, Inez has a long term capital gain of and a short-term capital oss of 5 bi If Inez has taxable income (including the property transactions) of $185,450 what is the income tax regarding these transactions? Her marginal tax rate is 32% 1,834