During 2021, Roberto sold 760 shares of Casual Investor Mutual fund for $8.20 per share. The shares were purchased on the following dates:

Date	Shares	Price
May 31, 2017	360	$ 9.100
September 18, 2018	200	$ 7.400
October 21, 2018	410	$ 9.400
January 12, 2020	240	$ 6.900

Required:

1) Calculate the gain (loss) on the sale under the following assumptions:

a) Basis is calculated using the first-in, first-out method.

Note: Round your intermediate computations and final answer to 2 decimal places.

b) Basis is calculated using the average cost method (assume all shares are long-term).

Note: Round "Average cost" to 3 decimal places. Round other intermediate computations and final answer to 2 decimal places.