How much gain/loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all 630 shares from the 5/22/2001 purchase and 445 shares from the 11/21/1986 purchase?

Required information The following information applies to the questions displayed below. George bought the following amounts of Stock A over the years: Number of Adjusted Date Purchased 11/21/1986 3/18/1992 5/22/2001 Shares Basis Stock A Stock A Stock A 860 14,620 520 630 17,010 6,760 On October 12, 2018, he sold 1,075 of his shares of Stock A for $38 per share. b. How much gain/loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all 630 shares from the 5/22/2001 purchase and 445 shares from the 11/21/1986 purchase