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Devan has the following investments on 12/31/2020 Property Value at 12/31/20 Notes THPS stock $4,000 Purchased on 5/1/16 for $1,000 SC stock $10,000 Gift from

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Devan has the following investments on 12/31/2020 Property Value at 12/31/20 Notes THPS stock $4,000 Purchased on 5/1/16 for $1,000 SC stock $10,000 Gift from his cousin in 2020. His cousin originally purchased it in 2020 for $5,000, and on the date of the gift, the value was $8,000. DBZB stock $25,000 Gifted from mother just before her death in 2020. She bought the stock in 2005 for $7,000. The value on the gift date was $20,000 and the value on her death date was $26,000 What is Devan's holding period in each stock? a Long Term : THPS, DBZB, SC Long Term: DBZB b. Short Term: THPS, SC Long Term: THPS c. Short Term: SC, DBZB Long Term: THPS, DBZB d. Short Torm: SC

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