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8. Wyatt sold 300 shares of Clothes and More Inc., in 2019 for $30,000. Wyatt's investment portfolio includes the following purchases of Clothes and More

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8. Wyatt sold 300 shares of Clothes and More Inc., in 2019 for $30,000. Wyatt's investment portfolio includes the following purchases of Clothes and More Inc., stock: Date Shares 2011 2012 2013 2014 100 $ 75 $ 125 $ 100 $ Cost per share 80.00 75.00 67.00 85.00 Assuming that Wyatt identifies which shares he sold using the FIFO method,, he will recognize a(an)

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