Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: Microsoft common stock Date Purchased Shares 7/10/2008 400 4/20/2009 300 Basis $12,000 $11,000 $12,230 $7,300 1/29/2010 500 11/02/2012 250 If Dahlia sells 800 shares of Microsoft for $40,000 on December 20, 2019, what is her capital gain or loss if she uses the FIFO method