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	550	$ 24,750
4/20/2012	450	22,860
1/29/2013	650	25,090
11/02/2015	400	17,680

If Dahlia sells 1,250 shares of Microsoft for $81,250 on December 20, 2021, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.)

a. She uses the FIFO method.