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Deidre inherited 1,000 shares of stock from her grandmother (FMV at the time of the grandmother's death was $50,000; grandmother's basis was $10,000; grandmother owned

Deidre inherited 1,000 shares of stock from her grandmother (FMV at the time of the grandmother's death was $50,000; grandmother's basis was $10,000; grandmother owned the stock for twelve years). Deidre sold the shares 8 months later for $53,000. What is her gain or loss?

Group of answer choices

$43,000 short-term capital gain

$43,000 long-term capital gain

$3,000 short-term capital loss

$3,000 long-term capital gain

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