Crystal owns $189$ shares of Carson Incorporated stock that has an adjusted basis of $$138,915.$ On December $18,2022,$ she sells the $189$

shares for FMV $($$$120,960).$ On January $7,2023,$ she purchases $252$ shares of Carson stock for $$194,796.$

Required:

a$.$ What are Crystal's realized and recognized gain or loss on the sale of the $189$ shares sold on December $18,2022?$

b$.$ What is Crystal's adjusted basis for the shares purchased on January $7,2023?$

c$.$ How would your answers in parts $($a$)$ and $($b$)$ change if she purchased only $126$ shares for $$103,950$ in January?

Note: Do not round intermediate computations.

Note: For all requirements, if no gain or loss is recognized, select $"$No gain or loss".