Dixon owns 320 shares of Peony Corporation common stock, purchased during the prior year: 180 shares on July 5, for $18,000; and 140 shares on October 15, for $21,000. When Dixon sells 100 shares for $13,500 on July 18 of the current year, he does not identify the particular shares sold. Determine the amount and character of the gain. Using the FIFO method, what is the character of the gain that Dixon will recognize? What is the amount of the gain