a. She uses the FIFO method

Capital Gain $_____

b. She uses the specific identification method and she wants to minimize her current-year capital gain.

Capital Gain/Capital Loss $______

Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: Date Purchased Shares 7/10/2010 430 4/20/2011 330 1/29/2012 530 11/02/2014 280 Basis $ 14,190 12,804 14,098 9,016 If Dahlia sells 890 shares of Microsoft for $47,170 on December 20, 2020, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.)