Brantley received $300$ shares of Cranston Corporation stock from his uncle as a gift on July $20,2022,$ when the stock had a $$72,000$ fair market value $($FMV$).$ His uncle paid $$54,000$ for the stock on April $12,2006.$ The taxable gift was $$72,000,$ because his uncle made another gift to Brantley for $$34,000$ in January and used the annual exclusion. The uncle paid a gift tax of $$10,800.$ Without considering the transactions below, Brantley's AGI is $$80,000$ in $2023.$ No other transactions involving capital assets occur during the year.

Read the requirement.

$\backslash$table$[[,\backslash$table$[[$AGI prior to$],[$sale of stock$]],+,\backslash$table$[[$Gain $($loss$)$ on$],[$sale of stock$]],=,$AGI$],[$a$.$ He sells the stock on October $12,2023,$ for $$76,000.,,+,,=,],[$b$.$ He sells the stock on October $12,2023,$ for $$54,300.,,+,,=,],[$c$.$ He sells the stock on December $16,2023,$ for $$68,000.,,+,,=,]]$