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 7/10/2012 650 4/20/2013 550 1/29/2014 750 11/02/2016 500 Basis $ 35,750 33,440 36,450 27,100 If Dahlia sells 1,550 shares of Microsoft for $116,250 on December 20, 2022, what is her capital gain or loss in each of the following assumptions? Note: Do not round intermediate calculations. b. She uses the specific identification method and she wants to minimize her current-year capital gain.

Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: If Dahlia sells 1,550 shares of Microsoft for $116,250 on December 20,2022 , what is her capital gain or loss in each of the following assumptions? Note: Do not round intermediate calculations. b. She uses the specific identification method and she wants to minimize her current-year capital gain