What is a Capital Asset?, Holding Period, Calculation of Gain or Loss, and Net Capital Gains (LO 4.1, 4.2, 4.3, 4.5)

During 2020, Tom sold GM stock for $26,200. The stock was purchased 4 years ago for $36,680. Tom also sold Ford Motor Company bonds for $91,700. The bonds were purchased 2 months ago for $77,945. Home Depot stock, purchased 2 years ago for $2,620, was sold by Tom for $3,930.

Calculate Tom's net gain or loss, and indicate the nature of the gain or loss.