1. In 2018, Mr. Dale paid Section B: Attempt All Questions reinvest his year-end dividents for 3,400 shares of GKL Mutual Fund and elected to 1099s reporting the followins. a. It Mr. Dale sells his 4,052 shares for $18 per share, compute his recognized gain. (3 marks) b. If he sells only 800 shares for $18 per share and uses the FIFO method to determine basis, compute his recognized gain. c. If he sells only 800 shares for $18 per share and uses the average basis method, compute his recognized gain