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	Basis
7/10/2011	400	$ 12,000
4/20/2012	300	10,750
1/29/2013	500	12,230
11/02/2015	250	7,300

If Dahlia sells 800 shares of Microsoft for $40,000 on December 20, 2021, what is her capital gain or loss in each of the following assumptions? She uses the FIFO method.

Capital gain	? ($)