2 Required information [The following information applies to the questions displayed below.] Part 1 of 2 Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: 85 Date oints Purchased Shares Basis 7/10/2010 420 $ 13, 440 4/20/2011 320 12 , 096 1/29/2012 520 13, 312 eBook 11/02/2014 270 8 , 424 Print References If Dahlia sells 860 shares of Microsoft for $44,720 on December 20, 2020, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.) a. She uses the FIFO method. Capital gain $ 25,808