Which of the following statements are True?

1. The Wilshire 5000 is more broad based than the S&P 500.
2. The S&P 500 stock index is value-weighted.
3. The Russell 3000 is a broad-based measure of bond prices.
4. The Dow Jones industrial and utility averages include a relatively small number of stocks.

Brody and tanya recently sold some land they owned for $150,000. they received the land five years ago as a wedding gift from brody's aunt jeanette. she had already given them cash equal to the annual exclusion during that year. aunt jeanette purchased the land many years ago when the property was worth $20,000. at the time of the gift, the property was worth $100,000 and aunt jeanette paid $47,000 in gift tax. what is the long term capital gain on the sale of the property