Damion receives 800 shares of Acton Corporation stock from his aunt on May 20, 2022, as a gift whon the stock has a $176,000 fair market value (FMV). His aunt purchased the stock in 2012 for $84,000. The taxable git is $176,000 because she made earlior gifts to Damien during 2022 and used the annual exclusion, She paid a git tax of $27,280 on the gift of Acton stock to Damion. Damien also inherited 600 shares of Fright Night Corporation preferred stock when his uncie died on Navernber 12,2021 , when the stock' Bead the requirements. a. Determine the gain or loss on the salo of Acton and Fright Night stock on Docember 15, 2022 if Acton stock was sold for $178,400, and Fright Night stock was seld for Requirements Determine the gain or loss on the sale of Acton and Fright Night stock on December 15,2022 , under each alternative situation below. a. Acton stock was sold for $178,400, and Fright Night stock was sold for $56,000. b. Acton stock was sold for $174,700, and Fright Night stock was sold for $43,700. c. Assume the same as in Part a except his aunt purchased Acton stock for $180,000 and his uncle purchased Fright Night stock for $74,400