Exercise 16-16 (Algorithmic) (LO. 4) Shen purchased corporate stock for $123,900 on April 10, 2020. On July 14, 2022, when the stock was worth $74,340, Shen died and his son, Mijo, inherited the stock. Mijo sold the stock for $86,730 on November 12, 2022. What is the amount and character of Mijo's gain or loss? He has a $ Exercise 16-16 (Algorithmic) (LO. 4) Shen purchased corporate stock for $123,900 on April 10, 2020. On July 14, 2022, when the stock was worth $74,340, Shen died and his son, Mijo, inherited the stock. Mijo sold the stock for $86,730 on November 12, 2022. What is the amount and character of Mijo's gain or loss? He has a $