Deirdre sold 170 shares of stock to her brother, James, for $5,270. Deirdre purchased the stock several years ago for $6,460.

a.) What gain or loss does Deirdre recognize on the sale?

b.) What amount of gain or loss does James recognize if he sells the stock for $6,800?

c.) What amount of gain or loss does James recognize if he sells the stock for $5,780?

d.) What amount of gain or loss does James recognize if he sells the stock for $3,400?