. Derricks father died on January 10, 2019. The father had owned stock for 20 years with a basis of $13,000 that was transferred to Derrick as a gift on August 10, 2017, when the stock was worth $7,000. What is the amount of Derricks gain basis and holding period? How much and what kind of gain would Derrick have is he sold the stock at $22,000 in 2018?What would be his recognized gain/loss if he sold for $11,000? What would be his recognized gain/loss if he sold for $6,000?