VE at / 1221 Workbook assignment in Week 10 in LECTURES with lohnlag Question 7 Not yet answered Marked out of 2 On 1 July 2019 Mary acquired a little boat for $13997. It was for her personal use. Mary borrowed $12,000 of the money from XYZ Bank The loan was a fixed interest loan on which Mary paid interest of $2,000. Mary sold the boat in September 2019 for $18612. Required: Calculate Mary's Net Capital Gain or Loss for the 2020 tax year. P Flag