Sara Nade had 2021 capital asset transaction as noted below. For each asset disposition, determine the amount of her gain or loss for tax purposes.

1. Sara owned a $10, 000 20-year U.S Treasury note that was due to mature in 2024. Needing some additional cash (see question #6), she sold this debt instrument on October 31, 2021. With the dramatic decline in interest rates since this notes acquisition at par in 2004, Sara received 105 percent of the notes face value, along with accrued interest of $180.

6. In September Sara sold her old pontoon boat to get cash to buy a new car. She received $12, 400 for it. She had purchased this personal-use pleasure boat new in 2009 for $27, 777.