Dillon sold the following stock investments during the year.

Description	Date Purchased	Basis	Date Sold	Amount Realized
Stock A	1/23/1996	$7,450	7/22/2021	$4,660
Stock B	4/20/2021	$14,400	9/13/2021	$18,010
Stock C	8/23/2019	$11,250	10/12/2021	$15,980
Stock D	5/19/2011	$5,390	10/12/2021	$12,700
Stock E	8/20/2021	$7,440	11/14/2021	$3,600

Assume that Dillon's ordinary income places him in the 24 percent marginal tax bracket. Find Dillon's net gain or loss, provide the character of that gain or loss, and calculate how much taxes he will owe on any net gain (or how much taxes he would save from any net loss).