LO.4 Roger inherited 100 shares of Puce stock when his mother, Emily, died. Emily had acquired the stock for a total of $30,000 on November 15, 2008. She died on August 10, 2012, and the shares were worth a total of $25,000 at that time. Roger sold the shares for $36,000 on December 22, 2012. How much gain or loss does Roger recognize? What is the nature of that gain or loss?