9 0/2 points awarded Scored Alex gave a sibling, Casey 100 shares of stock on April 3, 2020. Alex originally paid $3,100 for the stock on January 5, 2020. At the date of the gift, the fair market value of the stock was $2,800. If no gift tax is paid and the stock sells for $2,700 on August 31, 2020, Casey will recognize: Multiple Choice a long-term loss an ordinary loss a short-term capital loss no loss on the sale of stock given as a gift.