During the 2020 Tax Year, Terry Sold a Boat for $20,000

During the 2020 tax year, Terry sold a boat for $20,000. The boat cost Terry $45,000. Terry also sold an item of antique furniture for $15,000 (the item cost him $5,000 3 years ago) . What is terry's net capital gain or loss for the 2020 tax year?

A) $10,000 net capital loss
B) $5,000 net capital loss
C) $10,000 net capital gain
D) $5,000 net capital gain