Brian also made the following gifts during the current year:

• $30,000 cash to each grandchild
• $6,000 directly to Kalis private school to pay her tuition ( no gift tax)
• $6,000 each in Amazon stock to Cody and Riley. His basis at the time of the gift was $300 and he purchased the stock five years ago
• $18,000 to Boy Scouts of America (no gift tax)

. If Riley sells her Amazon stock for $6,500, what is her taxable gain or loss, if any (assume Brian did not pay gift tax on this gift)? Is it short term or long term? Show your work/explain your answer.