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George bought the following amounts of Stock A over the years: Note: Loss amounts should be indicated with a minus sign. Date Purchased Number of

George bought the following amounts of Stock A over the years:
Note: Loss amounts should be indicated with a minus sign.
Date Purchased Number of Shares Adjusted Basis
Stock A 11/21/19971,130 $ 27,120
Stock A 3/18/200356510,170
Stock A 5/22/201288031,680
On October 12,2023, he sold 1,395 of his shares of Stock A for $38 per share.
b. How much gain or loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all 880 shares from the 5/22/2012 purchase and 515 shares from the 11/21/1997 purchase?

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