2. A buys 100 shares of ABC on five different occasions. The purchases were done in the following order and for the following amounts per share.

1 105

2- 108

3-92

4- 116

5 100

A sells 300 shares for $30,150. If A gave no instructions to her broker what is As gain or loss on the transaction? If A instructed her broker to sell her shares with the highest basis what would her gain or loss be?