George bought the following amounts of Stock A over the years: (Loss amounts should be indicated with a minus sign.) Date Number of Adjusted Purchased Shares Basis 11/21/1993 1,150 $27,600 Stock Stock A Stock A 3/18/1999 575 10,350 5/22/2008 900 32,400 On October 12, 2019, he sold 1.425 of his shares of Stock A for $38 per share. a. How much gain/loss will George have to recognize if he uses the FIFO method of accounting for the shares sold? Gain or loss to be recognized