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Gloria disposed of 1,800 common shares in IBM Inc. late in 2022. The proceeds of disposition on the sale were $25,200 before commission of $400.

Gloria disposed of 1,800 common shares in IBM Inc. late in 2022. The proceeds of disposition on the sale were $25,200 before commission of $400. Gloria owned 4,500 IBM at the end of 2021 before the 16% stock dividend which increased the paid up capital of $9 for every share issued on January 9, 2022. The following information relates to Gloria's purchases:

Year Acquired Total Shares Amount Paid
2019 1500 $14,506
2020 1000 $12,000
2021 2000 $26,000

What is the amount of taxable capital gain/(loss) to be reported on Gloria' 2022 personal tax return?

Group of answer choices

A) $2,430

B) $4,198

C) $3,798

D) $2,230

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