i do not understand question 4 and 5

Paragraph Styles (4) On August 15th, Timmy received 100 shares of ABC Corp. stock as an inheritance from his mother, Mona, who had died on February 27th Timmy sold all 100 shares the very next day, August 16th, for $75,000. Additional facts: Tammy, the executor of Mona's estate, elected the alternate valuation date. Mona had purchased the 100 shares of ABC Corp. stock on Feb. 4th of Year X for $45,000. The FMV of 100 shares of ABC Corp. stock on Feb. 27th was $50,000. The FMV of 100 shares of ABC Corp. stock on Aug. 15th was $74,000. The FMV of 100 shares of ABC Corp. stock on Aug. 27th was $80,000. All of these events occurred within the same calendar year. State the (1) total amount and (ii) character of the income or gain, if any, that Timmy must recog: nize on his tax return for that year on these facts. (5) You owned 100 shares of ABC Corp. common stock when ABC did a stock split (a/k/a "stock dividend") yesterday. You received another 100 shares (ABC didn't ask if you wanted more shares, it just gave them to you). Additional facts! You had purchased your 100 shares five years ago for $12,000. Two days ago, before the split was announced, the FMV of your 100 shares was $20,000. At the close of trading yesterday, following the split, the FMV of your 200 shares was $22,500 (obviously the split was well received by the market). First thing this morning you sold 100 of your 200 shares for $11,500, but you forget to tell your broker exactly which 100 shares (the "old" vs. the "new") to sell On these facts, state the (1) total amount and () character of the income or gain that you must recognize on your tax return for this year